Remember that Trump said he'd COMPLETELY ERASE the national debt in 8 years
Well, it' turns out Trump was talking out of his ass on this.
Donald Trump Would Push Debt To Highest Level In U.S. History, Report Says
Making America great again — by running up huge IOUs.
06/26/2016 07:00 pm ET | Updated 45 minutes ago
Jonathan Cohn Senior National Correspondent, The Huffington Post
Donald Trump’s policy agenda would quickly push the national debt to its highest level in history, according to a new report.
The analysis, which the nonpartisan Committee for a Responsible Federal Budget published Sunday evening, represents one of the first serious efforts to assess how electing Trump or his chief rival for the presidency, former Secretary of State Hillary Clinton, might affect federal finances over time.
Rather than focusing on individual policy initiatives — like Trump’s call to abolish the estate tax, or Clinton’s pledge to help working parents pay for child care — this new analysis takes into account all of the candidates’ proposals to date, in order to assess how they would alter the federal budget and, ultimately, the amount of debt that the public holds.
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The resulting contrast was stark. As the report demonstrates, the election doesn’t simply present Americans with a choice between a politician who disparages entire ethnic and religious groups and a politician who preaches the virtues of diversity. It also offers a choice between a candidate who’d create vast new deficits for the sake of some highly questionable tax cuts — and one proposing a more modest agenda of expanded government programs, with added revenue that would cover nearly all of their cost....................
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http://www.huffingtonpost.com/entry/donald-trump-debt_us_57701efbe4b0dbb1bbbae2c9