(RightWing.org) – The ballooning national debt has been a concern for fiscally conservative Republicans for years. It has gotten larger under President Donald Trump as he’s implemented policies to boost the economy, especially in the wake of the COVID-19 pandemic. However, the White House is now reassuring the GOP that the commander-in-chief plans to make reducing that debt a top priority if he’s reelected.
Asked on Fox about ballooning national debt, @PressSec says Trump told her addressing the "debt is a big second term priority"
— Zeke Miller (@ZekeJMiller) September 9, 2020
On September 9, Press Secretary Kayleigh McEnany said the economy’s “unprecedented growth” will reduce the national debt in the long term, but paying it down is a “big second term” priority. According to the Congressional Budget Office (CBO), the annual deficit is projected to grow to $3.3 trillion by the end of September. The national debt currently stands at more than $26.7 trillion. The COVID-19 pandemic is to blame for some of the debt because the president and Congress were forced to spend trillions responding to the economic fallout resulting from the virus.
It’s important to keep in mind, the economy was in a great place before the pandemic. Unemployment was at a record low. Wall Street was experiencing record growth. Unfortunately, COIVD-19 derailed that. The commander-in-chief, along with Congress, increased the debt in the short-term so the country would be healthy in the long-term. That’s exactly what leaders should do.
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