✉news WorldWorld first seen 5 d ago, last 5 d ago, peak #13
Trump-era deficits stay high as borrowing costs climb
Original: Under Trump, deficits remain high while borrowing costs escalate
The US federal budget deficit remains elevated under President Trump even as government borrowing costs continue to rise. The combination is drawing attention because higher interest payments on national debt add to spending pressure, squeezing room for tax cuts and other priorities while renewing debate over fiscal policy in Washington.
Why now: Rising interest costs on a large national debt make fiscal policy under Trump a pressing news topic.
Evidence
- Under Trump, deficits remain high while borrowing costs escalate · Hawaii Tribune-Herald
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