Deficit
The president frequently conflated the two as he ran for office, but now is presiding over massive increases in both
The nation's total debt has topped $22 trillion for the first time in U.S. history.
It's an unnecessary and misguided impediment to progressive goals.
The federal deficit has soared 17 percent in the president's first fiscal year.
WHAT'S HAPPENING
Look who suddenly cares about budget deficits!
He just doesn't care.
But nobody in Washington is really worried about the deficit fairy.
Fiscal conservatism takes a hit.
"Everybody stares at the inkblot and sees what they want to see, because we don’t have a bill," one lawmaker said.
Now Mick Mulvaney thinks "we need to have new deficits."