POLITICSFORTUNE
Trump broke his promise to lower — and eliminate — the national debt. A top investor thinks he’s the ‘worst-spending president in history’
The U.S. national debt reached $39.5 trillion in June, with President Trump accused of adding $2.2–2.3 trillion annually to the debt. Tech investor Jason Calacanis labeled Trump the 'worst-spending president in history,' citing broken campaign promises to reduce the debt. The debt now amounts to $113,000 per person, with interest payments exceeding $1 trillion in 2023.
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- U.S. debt is a looming crisis today but was once its own revolutionary masterstroke that helped launch a global financial superpower
- Senate Republican on Trump ballroom push: ‘We have $39 trillion of debt’
- US debt exceeds 100 percent of GDP
- Jamie Dimon won’t put more of his own money into the long end of the bond market right now—thanks to the $39 trillion national debt