Published by The Gateway Pundit
Written by Joe Hoft
According to the government schedules of federal debt, the Obama Administration nearly doubled the amount of US Debt during Obama’s 8 years in office from $10 trillion to nearly $20 trillion.
In spite of this, the Obama team has the audacity to scold the current Administration on fiscal responsibility.
The Hill reported:
Former Treasury Secretary Jack Lew expressed concerns about the new GOP tax law’s impact on the debt, arguing that it is “leaving us broke” and could lead to cuts in social safety net programs.
“I fear that the next shoe to drop is going to be an attack on the most vulnerable in our society,” Lew said in a Bloomberg interview. “How are we going to pay for the deficit caused by the tax cut? [..]
See the full story here.
January 3, 2018
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