U.S. Posts The Biggest Monthly Budget Deficit In American History
Trump railed against debt during his campaign, vowed to balance budget.
February’s federal budget deficit was the largest on record, according to figures released by the Treasury Department on Friday. President Donald Trump promised during his campaign that he would balance the budget in eight years.
The total debt surpassed $22 trillion for the first time ever in February — $2 trillion higher than when Trump took office.