For the first time in history, the US debt exceeded $ 21 billion

Trump promised to eliminate public debt within eight years, but last month, he allowed the government unlimited indebtedness until March 1, 2019.

The national debt of the United States for the first time in history surpassed the figure of 21,000 billion dollars, according to the latest data of the US Ministry of Finance. In September last year, the debt reached $ 20 billion, while on January 20, the same year, when Donald Trump assumed the presidency, it was about $ 19,900 billion.

Trump promised a debt reduction, and enabled borrowing

Trump then promised to "eliminate public debt within eight years." However, last month, the government provided unlimited borrowing to the government by March 1, 2019, according to Russia Today, Tanjug reports. It is also expected that the $ 1,500 billion tax cuts and the two-year budget agreement, adopted by the Congress, will contribute to increasing the budget deficit and public debt of the United States, RT estimates.

• 20 Mar, 2018
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