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How Do You Feel About A $50 Trillion Debt?

We explained the other day that Biden has increased the national debt above the Trump baseline from when Joe entered office in January 2021 by some $6.7 trillion by 2031.

But the numbers are so much worse if we look at the latest projections by the CBO through 2033 – or 10 years from now. Those numbers tell us two things. First, the debt will hit the ignominious level of $50 trillion in 2033. And second, by extrapolating the Trump baseline through 2033, we find that the debt will be nearly $10 trillion HIGHER than it would have been if we had simply stuck with the Trump budget/economic policies.

So next time you hear Biden boasting about reducing the debt by “the most in American history,” you can roll over laughing – or crying.

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