[Its All Over Except ...]

Trump has done an excellent job concerning this.

Bessent is correct that the structural, baseline deficit under the latter half of the Biden administration (~6.4%) was higher than the baseline peacetime deficit inherited or generated during the baseline of Trump’s first term (~4.6%).

“Total debt accumulation was massive under both administrations. Trump approved roughly $4.8 trillion in non-COVID debt over his full term, while Biden approved roughly $4.5 trillion in gross non-COVID debt over his, leaving both sides facing criticism from fiscal watchdogs over structural overspending.” ~ Google AI

[Bob Wills is still the king]

“Total debt accumulation was massive under both administrations. Trump approved roughly $4.8 trillion in non-COVID debt over his full term, while Biden approved roughly $4.5 trillion in gross non-COVID debt over his, leaving both sides facing criticism from fiscal watchdogs over structural overspending.” ~ Google AI
____________________________________________________________

at least we now know where that extra $10 Trillion of debt came from.

Just wait until we have to start posting the true costs of the new war we’re in. They will be astronomical.

[maddog55]

Reducing deficit spending just slows your increasing debt. It’s a false flag narrative.

Reducing actual debt by paying it off is what’s needed but never done.