[ad_1]
Under the reign of US President Donald Trump, US government debt rose $ 2.06 billion, up from $ 19.95 billion, reports the Associated Press. One of the main factors contributing to its growth was the reduction of the tax in December 2017.
The Congressional Budget Office predicts a $ 897 billion deficit for the current fiscal year.. That's 15.1% more than last year's $ 779 billion imbalance.. including
The total US national debt for the 2018 fiscal year stood at 78% of GDP, says CNN, citing data from the Congressional Budget Department. If no change occurs, it will reach 96% of GDP by 2028.
Source link
