As usual, the Fox News watchers have it wrong. Obama's policies contributed 983 billion to the debt between 2009 and 2017. This was a result of increased military spending, The Affordable care act, tax cuts and the American Recovery and Reinvestment act which was created to stimulate the economy after the 2008 financial crisis. During Obama's terms, there was less federal income than usual. The recession and the Bush tax cuts reduced tax receipts. At the same time, the cost of Social Security, Medicare, and other mandatory programs continued to increase. The War on Terror, although technically over, was still being fought in Afghanistan and Iraq, hence increase in national debt. Trump's new set of tax cuts is expected to add over $1.46 trillion to the national debt. There is no justification for this cut. Thanks to Obama, there is almost full employment. The financial crisis was dealt with. This is a simple case of giving money to the wealthy, and increasing the national debt even more.
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