{"id":15445,"date":"2024-11-21T16:44:11","date_gmt":"2024-11-21T16:44:11","guid":{"rendered":"https:\/\/lonecandle.com\/?p=15445"},"modified":"2024-11-21T16:44:11","modified_gmt":"2024-11-21T16:44:11","slug":"trump-has-no-discernible-interest-in-fiscal-responsibility","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=15445","title":{"rendered":"Trump Has No Discernible Interest in Fiscal Responsibility"},"content":{"rendered":"\n

“By the end of Trump’s term, the Committee for a Responsible Federal Budget calculated<\/a>, he had signed legislation and issued executive orders that, on balance, added $8.4 trillion to the national debt (including interest) over 10 years. As of last June, the corresponding figure for President Joe Biden was $4.3 trillion.<\/p>\n\n\n\n

During his 2024 run, Trump expressed approximately zero concern about any of this. To the contrary, the Republican platform<\/a> in effect promised more borrowing to finance “large tax cuts,” an expanded military budget, and “the largest deportation operation in American history.”<\/p>\n\n\n\n

The platform also promised that Trump would “fight for and protect Social Security and Medicare with no cuts, including no changes to the retirement age.” Given the looming financial crises<\/a> in those entitlement programs, which will include mandatory, across-the-board cuts<\/a> to Social Security benefits in a decade, that commitment is utterly reckless<\/a>.<\/p>\n\n\n\n

Adding together all of Trump’s promises, the Committee for a Responsible Federal Budget estimated<\/a> that his fiscal plans would add about $7.8 trillion to the national debt over 10 years. The corresponding estimate for Vice President Kamala Harris was about $4 trillion.”<\/p>\n\n\n\n

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Trump Has No Discernible Interest in Fiscal Responsibility<\/a><\/blockquote>