Stimulus puts US debt on an upward trajectory

As part of a pledge to “Make America Great Again,” President Donald Trump and Republican lawmakers are pursuing aggressive economic stimulus while slashing taxes at the same time. The result, budget analysts say, is likely to be swelling debts and deficits for the world’s largest borrower. – A ballooning deficit – America’s budget deficit was already on an upward trajectory, thanks to an aging population and rising health costs.

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