During Obama’s second term in 2014, the CBO forecasted $7.6 trillion in deficits from 2015 to 2024, or an average of $760 billion per year.
The deficit in 2014 was $483 billion, meaning the CBO was anticipating a steep increase in revenue shortfalls over the decade, likely topping a trillion dollars per year.
But the current president’s economic policies are working.
While the deficit numbers are nothing to shrug off, Trump is doing far better than his predecessor in reawakening the nation’s industrial might and with it, the opportunity to get our fiscal house back in order.
https://www.westernjournal.com/ct/official-deficit-numbers-prove-trumps-beating-obama-yet/?utm_source=Twitter&utm_medium=PostTopSharingButtons&utm_campaign=websitesharingbuttons
The deficit in 2014 was $483 billion, meaning the CBO was anticipating a steep increase in revenue shortfalls over the decade, likely topping a trillion dollars per year.
But the current president’s economic policies are working.
While the deficit numbers are nothing to shrug off, Trump is doing far better than his predecessor in reawakening the nation’s industrial might and with it, the opportunity to get our fiscal house back in order.
https://www.westernjournal.com/ct/official-deficit-numbers-prove-trumps-beating-obama-yet/?utm_source=Twitter&utm_medium=PostTopSharingButtons&utm_campaign=websitesharingbuttons
