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UpInArms

(54,495 posts)
Wed Feb 11, 2026, 03:29 PM 23 hrs ago

US debt forecast to hit $64T in a decade as Trump policies widen deficit

Source: Politico

The U.S. national debt is on track to reach $64 trillion within a decade as the federal government continues its trend of red-ink balances under President Donald Trump and Republican control of Congress.
The Congressional Budget Office released its marquee report Wednesday on the U.S. fiscal outlook, estimating that the tax and spending package Republicans enacted last summer — along with Trump’s immigration policies — will increase deficits by trillions of dollars over the next decade. That budget gap would essentially cancel out the roughly $3 trillion in deficit reduction Trump’s tariffs are expected to produce.

Congress’ nonpartisan scorekeeper predicts that the U.S. will run a $1.9 trillion deficit during the current fiscal year as the national debt currently exceeds $38 trillion. The annual deficit is then forecast to grow to $3.1 trillion by 2036.
Growing interest costs and spending on safety-net programs drives the expanding gap between how much money flows into federal coffers each year and how much is doled out.

Read more: https://www.politico.com/news/2026/02/11/us-debt-forecast-to-hit-64t-in-a-decade-as-trump-policies-widen-deficit-00775726

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US debt forecast to hit $64T in a decade as Trump policies widen deficit (Original Post) UpInArms 23 hrs ago OP
His one and only accomplishment. efhmc 23 hrs ago #1
He can't blame Biden Blue_Roses 23 hrs ago #2
safety-net programs drives the expanding gap bucolic_frolic 23 hrs ago #3
Reading that set my teeth on edge. slightlv 19 hrs ago #9
The interest payments on 38 trillion can't possibly be covered by taxes. Omnipresent 23 hrs ago #4
Your USDs will be 50cent pieces before he's done. mpcamb 22 hrs ago #5
Not only that, slightlv 19 hrs ago #10
JFC Lemon Lyman 21 hrs ago #6
It's possible that the countries that own our debt will cut us off at the pockets before then. love_katz 21 hrs ago #7
Our leadership . . . Scubamatt 20 hrs ago #8
Well said. Beartracks 16 hrs ago #12
Republicans: "............" Beartracks 16 hrs ago #11

bucolic_frolic

(54,550 posts)
3. safety-net programs drives the expanding gap
Wed Feb 11, 2026, 03:44 PM
23 hrs ago

How about corporate welfare? $40 billion for Argentina? Billionaire tax cuts? Defense spending? ICE spending?

slightlv

(7,601 posts)
9. Reading that set my teeth on edge.
Wed Feb 11, 2026, 07:49 PM
19 hrs ago

WE are faulted for all deficits, when it's the rich and super-rich who are actually driving the deficit. We have to start clawing back their grift as soon as humanly possible. If only there was a way to hold trump accountable for the immeasurable harm he's done to the US economy!

Omnipresent

(7,352 posts)
4. The interest payments on 38 trillion can't possibly be covered by taxes.
Wed Feb 11, 2026, 03:54 PM
23 hrs ago

Thirty eight trillion is a high number, but most of it is just printed money.

mpcamb

(3,203 posts)
5. Your USDs will be 50cent pieces before he's done.
Wed Feb 11, 2026, 04:42 PM
22 hrs ago

We've already sunk 15% already on international currencies,

and this is before Wall Street stops pimping the economy...

It's very hard to blieve all the good economic news coming out of money guys.

slightlv

(7,601 posts)
10. Not only that,
Wed Feb 11, 2026, 07:51 PM
19 hrs ago

but I've always considered Wall Street as legalized gambling. Bets on commodities, etc. How else can you describe it?

love_katz

(3,228 posts)
7. It's possible that the countries that own our debt will cut us off at the pockets before then.
Wed Feb 11, 2026, 06:22 PM
21 hrs ago

It's not sustainable. Pukes have been working on bankrupting this country with their endless tax cuts for the wealthy, going back to Reagan in 1980.
Pukes ALWAYS wreck the economy, and then the Corporate owned McGreedia helps them put the blame on Dems when the Dems have to enact painful policies just to clean up the mess. Forget about progress.

Scubamatt

(275 posts)
8. Our leadership . . .
Wed Feb 11, 2026, 06:34 PM
20 hrs ago

needs to immediately, consistently and loudly start referring to this as the "Trump Deficit"; when we take back power, we cannot afford to quietly work to fix the problem, create some belt tightening, only to have the Republican noise machine start spinning things on Day 1. I really liked Joe Biden and all he did for this country (remember the soft landing that no one wanted to talk about?) , but he was far too trusting of the media to convey the news and was too humble to brag himself. We can't let that happen again; otherwise, we fall into the cycle of where Republicans make a mess of everything, Democrats are the adults in the room who clean it up, often at great pain/cost, which then leads to Republican talking points about "tax and spend liberals" , which the media repeats ad nauseum, leading to Republicans gaining control and starting the whole cycle over again. Break the cycle!


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