Sunday, March 10, 2019

kicking the can on down the road...


Trump on Coming Debt Crisis: ‘I Won’t Be Here’ When It Blows Up'



Since the 2016 presidential campaign, Donald Trump’s aides and advisers have tried to convince him of the importance of tackling the national debt.



Sources close to the president say he has repeatedly shrugged it off, implying that he doesn’t worry about the money owed to America’s creditors (about $21 trillion) because he won’t be around to shoulder the blame. Besides, he is not well known for paying his own bills.



Several people close to the president, both within and outside his administration, confirmed that the national debt has never bothered him in a truly meaningful way, despite his public lip service. “I never once heard him talk about the debt,” one former senior White House official attested.



Those close to Trump say that one reason the issue of debt reduction has never been an animating one for him is because he is convinced that it can be solved through means other than tax hikes.



The Washington Post recently reported that Trump had instructed his Cabinet to devise plans to trim their budgets.



“He understands the political nature of the debt but it’s clearly not, frankly, something he sees as crucial to his legacy.”



The former Trump official adding, “It’s not like it’s going to haunt him.”





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