Trump's Swelling Budget Deficits Lead to Record Treasury-Bon

Trump and cronies are contemplating another tax cut for the wealthy that they believe will not need Congressional approval. Further decrease to the revenue stream.

Killing unions and refusing to pay living wages, blue collar wages have stagnated. If the workers aren't making more they cannot pay more taxes. Further decrease to the revenue stream.

Massive cash outlays for initiating an ill-thought-out "Space Force", a border fence for which the only purpose is to hang Trump's name on, and millions for a ridiculous military parade because Kim and Putin have them. Further increase in unnecessary government spending.

Tariffs and the unavailability of migrant labor will drive up the costs of food and other necessities of working families. More and more will no longer have the money to feed, clothe, and house their children. With wages at a standstill, they will need to depend more on social programs. In the short term, those social programs will cost the government more. Long term, if the GOP is left in control, social programs will be cut or eliminated pushing people in homelessness.

But, the wealthy will still be making their millions and billions and hiding the money in overseas accounts so as to not pay taxes.