this post was submitted on 13 Feb 2026
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politics

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Donald Trump has repeatedly pledged to slash the national deficit and curb debt during his second term, but a sobering assessment of the nation’s financial health by one of the federal government’s premier fiscal watchdogs suggests Trump 2.0’s policies have not only collectively pushed the federal deficit significantly higher, but put the country on an unsustainable path.

In its latest budget and economic outlook, the Congressional Budget Office (CBO), a nonpartisan federal agency, revised its cumulative deficit projection for the 2026–2035 period upward by $1.4 trillion compared with its forecast from just a year ago.

“Our budget projections continue to indicate that the fiscal trajectory is not sustainable,” CBO Director Phillip Swagel said in a statement, noting the agency’s latest projections. Under laws passed in Trump’s first year back in office, the national debt in 2030 will surpass the historic high of 106% of GDP, which it reached in 1946. Meanwhile, the balance of Social Security’s Old-Age and Survivors Insurance Trust Fund will be exhausted in 2032, one year earlier than the CBO projected last January.

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[–] ARealAlaskan@lemmy.ca 2 points 15 hours ago (1 children)

Oh holey moley. That is a big windmill! I need like.. a rooftop windmill, or.. a couple rooftop windmills.

[–] HeyThisIsntTheYMCA@lemmy.world 1 points 14 hours ago

iirc that is the rooftop windmill. it's pretty narrow. it's not one of those giant 100 foot ones with 35 foot blades