Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I am not sure where you’re getting that figure, but the total is 2T, which is primarily due to interest rates and social welfare spending.

https://bipartisanpolicy.org/report/deficit-tracker/

If you look at the previous years when Trump hadn’t enacted his agenda, then the difference between current deficit levels seems primarily due to interest rates.





Also to correct you, it’s actually due to Republican tax cuts. America’s had a balanced budget before even a budget surplus not so long ago.

Misspoke - debt not deficit.



Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: