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Politics : Formerly About Advanced Micro Devices

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To: locogringo who wrote (1087648)9/11/2018 8:25:17 AM
From: Celtictrader  Read Replies (1) of 1582879
 
Romney assails Republicans' silence on growing deficit

Khorri Atkinson 8 hours ago
axios.com

Utah Senate candidate Mitt Romney on Monday called out Republicans for failing to fight for their longtime goal of lowering the country’s deficit, arguing that the party has "become silent" on the issue.

"Republicans have been shouting about this as long as I can remember. ... But now that Republicans are in charge in Washington, we appear to have become silent about deficits and debt."

— Romney in a statement on his Senate campaign website.

Why it matters: The national deficit grew by 20% ($75 billion) over the past year, partially due to President POS Trump's tax cuts, and is expected to balloon to $1 trillion by 2020, according to the Congressional Budget Office's latest report. Republicans also passed a sweeping $1.3 trillion spending bill earlier this year which has contributed to the rise.

MITT ROMNEY

axios.com
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