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2019-08-23 — thinkprogress.org

``Under President Donald Trump, both the national debt and the annual budget deficit have reached all time highs, despite his 2016 campaign promises to eliminate both. Rather than concede another broken promise, his Republican defenders in the Senate are now claiming that he will solve both -- next term... The national debt is now more than $22.5 trillion, several trillion higher than when Trump took office. Trump has claimed to have the "greatest economy in the history of our country," but thanks to a massive tax cut for corporations and the wealthiest Americans, the annual budget deficit is about to exceed $1 trillion for the first time ever (even without purchasing Greenland) years before analysts expected.

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