From The Washington Times:
President Trump has now amassed his first $1 trillion in debt, crossing that ignominious mark late last week — and analysts said it’s just a taste of what’s to come after the tax-cuts and spending spree of recent months.
Indeed, his next $1 trillion could come within a year, and one analyst said he could soon be staring at $3 trillion annual deficits if things go particularly badly in interest rates.
It’s a major reversal for a president who during the campaign had said given eight years he could eliminate the debt entirely, but is instead looking at setting records for red ink.
Read the whole thing …