Republicans must be sooo proud...
The federal deficit is set to rise sharply, topping $1 trillion by 2020, in the first C.B.O. estimate since G.O.P. tax and budget laws were passed
Monday, April 9, 2018 2:08 PM EST
The national debt, which has topped $21 trillion, is expected to soar to more than $33 trillion in 2028.
By then, debt held by the public will almost match the size of the nation’s economy, reaching 96 percent of gross domestic product, a higher level than any point since just after World War II and well past the level that economists say could court a crisis.
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NYTimes
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