CNN New Day With Alisyn Camerota and John Berman October 8, 2019 10:50:00
That is officially the highest since 2012. its almost 5% of gdp, 5% of the size of the entire economy. how did we get here? more spending on medicare, defense and interest payments. government spending is growing twice as fast as revenue. those big corporate tax cuts president trump signed into law back in 2017 mean less money coming in. the gap has only ever exceeded 1 trillion four times in the period following the global financial crisis. never when an economy is strong. the white house dismi...
Source: archive.org