If you thought spending might slow down after the Trump administration ran a record $3.13 trillion budget deficit in fiscal 2020, you’re probably disappointed. Last month, the federal government recorded the biggest October deficit in American history.

A lot of people want to just ignore the debt, or blame it on the coronavirus. You do so at your own peril. Dent is neither free nor irrelevant.

For Further Reading

Trump 2020 Deficit More Than Doubles Obama’s Previous Record

Debt is the Real Pandemic

The Trump Administration Has Added More Than $7 Trillion to National Debt

Mike Maharrey