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What About the Debt Crisis?

Summary:
In his State of the Union address, President Trump proposed new spending on infrastructure, health research, border security, and paid family leave. He lauded big increases in defense spending and the costly farm bill passed in December. But no mention of the largest problem facing the government and the U.S. economy—massive and rising federal debt. Source: Congressional Budget Office.

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In his State of the Union address, President Trump proposed new spending on infrastructure, health research, border security, and paid family leave. He lauded big increases in defense spending and the costly farm bill passed in December.

But no mention of the largest problem facing the government and the U.S. economy—massive and rising federal debt.

What About the Debt Crisis?

Source: Congressional Budget Office.

Chris Edwards
Editor of http://DownsizingGovernment.org (@DownsizeTheFeds) at the Cato Institute.

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