….Official White House data suggest deficits are increasing, too. The White House’s Office of Management and Budget says the deficit is rising from $665 billion in 2017 to $832 billion in 2018, and will approach $1 trillion annually in 2019.
Kudlow, in a national press release, all but admitted Trumpster is a debt disaster. Indications are that Kudlow is about to be fired.
Fox News and Kudlow worked all night to run up the future deficit numbers. larry Kudlow exclaimed,
"Whoo, we be breaking the all time deficit record!".
Here are the number Kudlow and Fox News worked up:
Rising Federal Deficits:
•2016: $585 billion
•2017: $665 billion
—Projections—
•2018: $804 billion
•2019: $981 billion
•2020: $1 trillion
•2021: $1.1 trillion
•2022: $1.3 trillion
•2023: $1.3 trillion
•2024: $1.2 trillion
•2016: $585 billion
•2017: $665 billion
—Projections—
•2018: $804 billion
•2019: $981 billion
•2020: $1 trillion
•2021: $1.1 trillion
•2022: $1.3 trillion
•2023: $1.3 trillion
•2024: $1.2 trillion
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