MSNBC First Look October 28, 2019 09:50:00
Nearly $1 trillion in 2019, up 26% in just the last year. the treasury department made the announcement on friday, that the deficit has now reached $984 billion, and that is the highest it has been since 2012, and now, during trump's time in office, the deficit is up nearly 50%, due in large part to the president's endorsement of big spending policies. the current state of the u.s. economy, largely copt dicts the president's campaign promise, to eliminate the federal date within eight years. treasury secretary steve mnuchin commented on the new deficit figure on friday saying quote, in order t...