October 25, 2019 11:51 AM UTC

Record Deficits Brought to You By Fiscal Conservatives

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• by: Colorado Pols

As The Washington Post reports:

The U.S. government’s budget deficit ballooned to nearly $1 trillion in 2019, a $205 billion increase from a year earlier, as America’s fiscal imbalance widened for a fourth consecutive year despite a sustained run of economic growth. [Pols emphasis]

The country’s worsening fiscal picture runs in sharp contrast to President Trump’s 2016 promise to eliminate the federal debt within eight years. Since taking office, Trump has endorsed big spending increases and steered most Republicans to abandon the deficit obsession they held during the Obama administration.

In 2011, the GOP-controlled House of Representatives pushed to pass a constitutional amendment that would require balanced budgets. And the Obama administration created a deficit commission looking for ways to slow the growth of government debt. But those efforts have all fallen away, and now budget experts believe the country will see $1 trillion annual deficits far into the future.

There’s nothing more we need to add here.