U.S. National Debt Nears $50 Trillion as Trump's Promise to Eliminate It Remains Unfulfilled
The U.S. national debt has grown from over $19 trillion in 2016, when Donald Trump promised to eliminate it within eight years, to nearly $39 trillion by early 2026 and is projected to reach $50 trillion soon. The increase is attributed to higher borrowing costs due to rising interest rates and declining personal savings.
Topics: Donald Trump's economic promises fiscal policy national debt