Another Trump promise in jeopardy
During President Trumpís campaign for the presidency he made promises. Setting aside his promise that Mexico would pay for the border wall, probably one of the most significant promises was that during his years as president he would eliminate the Federal deficit which at the time stood at $19.7 trillion. During fiscal 2017 it rose $666 billion. In 2018 the deficit increased by $779 billion and current projections call for an additional deficit of $1 trillion in 2019. A growing U.S. economy usually results in increased revenue. However, revenues will fall due to the Trump tax cut which largely benefits corporations and the ultra-rich. Also, the administration's increased spending will continue to add to the imbalance.
Oh yes, in his oath of office he promised to defend us against our enemies. NATO, a key element in our defense against Russian aggression, has become a target for Trump, saying he is considering withdrawal which would draw wild cheers from Vladimir Putin.
Robert Sneitzer, Spirit Lake