Re: “GOP the party of deficit hawks? That was then,” Feb. 9 news story.
The Denver Post stated accurately that the last time the U.S. budget deficit was over $1 trillion was during President Barack Obama’s first term. In Obama’s first year, he inherited an economy that was in a free-fall crash that threatened a worldwide depression and required dramatic government interventions, including massive spending to prevent banks and some big corporations from failing. As the economy stabilized and grew, the deficits decreased, so that by 2015 the deficit had fallen to $438 billion. This Republican administration and Congress inherited a 2016 deficit of $585 billion, yet only one year later voted for a budget that is projected to result in an annual deficit of more than $1 trillion.
A deficit increase from $585 billion to more than $1 trillion! And the U.S. is not in a recession. This fiscal irresponsibility is mind-boggling and frightening for our future.
dzڴǰ, Lakewood
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