Under Trump, deficits remain high while borrowing costs escalate
Posted
Via Red Lake Nation News
Summary High deficits continue even with economic growth Debt tops $40 trillion, over 100% of GDP Interest rates taking higher share of output Yields are rising, voters feel it ahead of midterms WASHINGTON, Oct 19 (Reuters) - US government debt hit a milestone $40 trillion in August, triggering a potentially uncomfortable debate for President Donald Trump and Republicans contesting tight midterm...
