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Money

Trump’s Newly-Passed Budget Adds $1-Million Per Minute to National Debt

February 15, 2018 Judge Napolitano 0

Judge Napolitano says that US debt at the end of President Trump’s first term will be $27-TRILLION, because his newly passed budget adds $6-trillion in debt per year, or one-million dollars per minute, above what is collected in taxes. The debt is so high, and the government borrows so much, that 40% of all its present revenue goes to pay for interest on debt for goods and services already consumed. Future generations will be paying for goods and services that were consumed before they were ever born!