alt Hacker News> 2) reduce trade deficits and foreign purchasing of treasuries
None of the GOP budgets reduce the deficit. Trump’s blew them out even further.
> 2) reduce trade deficits and foreign purchasing of treasuries
None of the GOP budgets reduce the deficit. Trump’s blew them out even further.
Im talking about trade deficits, not budget deficits. Im not convinced trade deficits are a bad thing to begin with, but that is a whole sperate can of worms.
My understanding is that yes, the national debt is still increasing, although the administration is counting on tariff funds to supplement revenue. Would you agree?