Trump Disinformation on Deficits

President Donald Trump misleadingly claimed that “deficits seem to be coming down,” when in fact deficits are rising, largely because of the tax cuts he enacted.

In fact, the deficit in the first three months of fiscal year 2019 was 42 percent higher than it was for the same period last year.

Trump’s comment came as the president boasted about the country’s strong economy during a signing ceremony for a space policy directive.

: I don’t know if you noticed, but deficits seem to be coming down. And last month it was reported, and everybody was surprised, but I wasn’t surprised. We’re taking in a lot of money coming into our Treasury from tariffs and various things, including the steel dumping. And our steel companies are doing really