Trump admin promises to do nothing about the national debt

One of the most popular things to do in Washington, D.C. is to come up with a "plan" to eliminate the deficit in ten years.  For some reason, politicians always come up with a ten-year plan.  I think they pick ten years out so it is short enough to take somewhat seriously but long enough for a politician to serve in Washington and then to leave before the ten years are up.  In any event, people forget about the ten-year plans relatively quickly so that in two or four years, a "new" ten-year plan to eliminate deficit can be created, even before the old one has "come to fruition." President Trump's budget director, Mick Mulvaney, has just come forward with a promise to eliminate the deficit in, you guessed it, ten years. "No, we won't be able to balance the budget this year, but we're working on trying to get it to balance within the 10-year budget window, which is what Republicans in the House and the Senate...(Read Full Post)

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