The Washington Post - The U.S. deficit hit $984 billion in 2019, soaring during Trump era
Spending increases, tax cuts, and political apathy fueled the surge.
Oct. 26, 2019
The U.S. government’s budget deficit ballooned to nearly $1 trillion in 2019, a $205 billion increase from a year earlier, as America’s fiscal imbalance widened for a fourth consecutive year despite a sustained run of economic growth.
The country’s worsening fiscal picture runs in sharp contrast to President Trump’s campaign promise to eliminate the federal debt within eight years. ...