| Trump's $2 trillion debt bomb now veering into new 'crisis': NYT analysis The New York Ties reports the U.S. budget deficit is nearing $2 trillion and putting the kibbutz on President Donald Trump's economy -- and his big plans for cutting cost. The United States budget deficit, which increased to $1.99 trillion this fiscal year from $1.78 trillion in 2025, 'approached its highest level since the pandemic, as spending on the military, safety net programs and interest on the debt dwarfed the Trump administration's cost cuts, Treasury Department figures showed on Friday,' said Times reporter Alan Rappeport. |
Read the rest of the story HERE:
At www.alternet.org from AlterNet
At www.alternet.org from AlterNet
