{"id":1996251,"date":"2023-08-10T04:24:02","date_gmt":"2023-08-10T08:24:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republican-rivals-hit-trump-on-federal-spending-and-debt\/"},"modified":"2023-08-10T04:26:45","modified_gmt":"2023-08-10T08:26:45","slug":"republican-rivals-hit-trump-on-federal-spending-and-debt","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republican-rivals-hit-trump-on-federal-spending-and-debt\/","title":{"rendered":"Republican rivals criticize Trump over federal spending and debt."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Frepublican-rivals-hit-trump-on-federal-spending-and-debt%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1996251&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>GOP Rivals \u200bCriticize Trump&#8217;s Failure to Reduce National Debt<\/h2>\n<p>During a town hall \u200devent in New Hampshire last week, Gov. Ron DeSantis (R-FL) lambasted his chief rival in the Republican presidential primary race,\u2063 former President \u2063Donald Trump, \u2063for his failure\u2063 to &#8220;drain \u200cthe swamp&#8221; and reduce the national debt. &#8220;He actually said \u200che was going to eliminate the national debt. \u200cHe \u2062added\u2063 $8 trillion to the debt,&#8221; DeSantis said during the event.<\/p>\n<p>Trump&#8217;s old running mate now turned rival, former Vice President Mike Pence, told NBC News in May that Trump &#8220;could have\u200c done a better job&#8221; on controlling \u2062federal spending.<\/p>\n<h3>Debt \u2063Concerns Among GOP Hopefuls<\/h3>\n<p>In March, another Trump rival, former\u200b South Carolina Gov. Nikki Haley, wrote in a USA Today \u2063op-ed that &#8220;Both Democrats and Republicans are responsible for \u2064America\u2019s spending crisis. They have both <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republican-rivals-hit-trump-on-federal-spending-and-debt\/\" title=\"Republican rivals criticize Trump over federal spending and debt.\">supported multitrillion dollar deficits<\/a>\u200b that have brought us to a $31.6\u2062 trillion national debt and counting.&#8221;<\/p>\n<p>Although\u200d Trump remains the undisputed front-runner \u2063to become the GOP&#8217;s\u200c next standard-bearer, his\u200b rivals are looking at several issues that may peel away the former president&#8217;s hold on the primary \u2064race, including \u200bhis part in raising the nation&#8217;s federal debt.<\/p>\n<p>At the end of fiscal 2016, the \u200cnation&#8217;s total debt hit $19.5 trillion, according to the Associated Press. At\u2062 the end of\u2063 fiscal 2020, when Trump was leaving\u2062 the White House,\u2064 the nation&#8217;s debt increased to $26.9\u2063 trillion, a $7.4 trillion\u200d increase.\u200b Another 2021 report from ProPublica said that under Trump, the \u200bnation&#8217;s \u2063debt increased by $7.8 trillion, which is almost \u200dmore than \u2064double the total costs of what Americans owe on student loans, car loans, credit \u200dcards, and every other type of debt other than mortgages, according to data from the\u2062 Federal Reserve Bank of \u200bNew York.<\/p>\n<p>Two factors that contributed to debt under Trump were the \u200bcoronavirus pandemic, which \u2064saw Congress disburse trillions of dollars to help struggling \u2062families, businesses, and healthcare\u2062 facilities stay afloat, and\u2063 Trump\u2019s Tax\u2062 Cuts and Jobs Act of 2017. Analysis \u2062from the \u2063Committee for a Responsible Federal Budget estimated that the tax cuts could cost over $1.8 trillion for\u200b the\u2064 2018-2028 period, \u2064including interest. If several individual tax provisions are extended beyond 2025, the total cost could balloon to $3 trillion.<\/p>\n<p>It&#8217;s not just \u200cTrump&#8217;s 2024\u200d rivals who have slammed his federal debt record \u2014 other conservative leaders have criticized Trump as well. &#8220;Why is \u200ccore inflation so high? It\u2019s simply undeniable that the insane spending baseline\u2063 that was built under \u2062Trump even before COVID and then blew to the\u2062 sky\u2064 with the failed COVID policies is the \u200bcake onto\u200d which Biden\u2062 added the icing,&#8221; wrote Daniel Horowitz in The Blaze.<\/p>\n<p>Yet some Republican strategists cautioned \u2063that although the federal debt did \u200cincrease under Trump, it may not matter with GOP primary voters, who currently support Trump over all other \u200crivals.<\/p>\n<p>\u201cI do think the debt matters to voters, but \u200bI\u2063 remember when Democrats attacked Ronald Reagan over \u2064the national debt. \u200dRepublicans attacked Obama over the national debt,&#8221; Brian Kirwin, \u2063a\u2064 veteran Virginia GOP consultant, told the Washington Examiner. \u200c&#8221;Even in primaries, I don\u2019t think it\u2019s the silver bullet \u200bissue some would \u2064hope it was. If\u200b it was, the debt\u200c wouldn\u2019t be \u2064$32 trillion.\u201d<\/p>\n<p>Similarly, Jason\u200d Roe, a\u200d GOP strategist\u2063 who worked on the presidential campaigns of Sen. Mitt Romney (R-UT) and Sen. Marco Rubio \u200d(R-FL), \u2063said that federal spending isn&#8217;t an issue that resonates powerfully with voters.<\/p>\n<p>&#8220;One of my great frustrations over the last decade is the complete abandonment of fiscal conservatism,&#8221; Roe said. &#8220;While I think it\u200c is a critically\u2063 important \u200bissue to\u200c the \u200dfuture of the country, I\u200b don&#8217;t think voters are\u200b responding to \u200dit. \u2064And so I would say that this is the kind of attack that \u200cyou can use on a laundry list\u2062 of\u2064 other attacks \u200bthat undermine \u200dthe Trump message. But I don&#8217;t think voters are going to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/brian-kolfage-one-florida-school-combated-covid-by-going-back-to-normal-as-a-result-the-children-and-teachers-are-safe-and-happy\/\" title=\"Brian Kolfage: One Florida School Combated COVID By Going Back to Normal \u2013 As a Result the Children and Teachers Are Safe and Happy\">make decisions based<\/a> on that.&#8221;<\/p>\n<h3>Debt Concerns and Public Opinion<\/h3>\n<p>A \u200bJune survey \u200dfrom the Pew Research\u200b Center \u2063showed that the American public rated \u2062inflation, \u2064healthcare affordability,\u2064 the ability of politicians to work together across the aisle,\u2062 drug addiction,\u200b and gun violence as the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cnn-poll-americans-rank-bidens-open-border-among-top-problems-this-year\/\" title=\"CNN Poll: Americans Rank Biden's Open Border Among Top Problems this Year\">top problems facing<\/a> the nation. The federal budget deficit ranked in seventh place on the list with 72% of Republicans saying it was a very big \u2062problem, while only 39%\u2063 of Democrats \u2062said the same. Seven in 10\u2063 Americans expect the\u2063 federal budget to increase over the next five years, according to the survey. The nation&#8217;s federal budget deficit stands at $1.39 trillion so far in fiscal\u200c 2023, according to\u2063 the Treasury Department. The last time the \u2064U.S. had a federal surplus was in 2001.<\/p>\n<p>Trump in his third bid for \u2063the White House announced in an Agenda47 campaign video that\u200b he\u2063 would cut federal\u200c waste through the\u200c Impoundment Control Act of 1974 if he were reelected.<\/p>\n<p>&#8220;For 200 years under our system of government, \u200cit was\u2063 undisputed that the president had the constitutional\u200c power to \u2064stop unnecessary spending through what is known as impoundment,&#8221; Trump said \u2062in a video released in June. \u201cVery simply, this meant that if Congress provided more \u2063funding than \u200cwas needed to run the government, the president could\u200d refuse to waste the extra funds, and instead return the money to the general treasury and maybe even lower your taxes, although we did give you the\u200c biggest tax reduction in \u200dhistory, \u2062and the biggest \u2063regulation reduction\u2063 in history, two things\u200c I am very proud of.<\/p>\n<p>&#8220;When I return to the White House, I will do everything I can \u2062to challenge the Impoundment Control Act\u200d in court, and if necessary, \u2064get \u2063Congress to overturn it,\u201d Trump added. \u201cWe will overturn it. I will then use the president\u2019s long-recognized\u200b impoundment power to squeeze the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/laid-bare-for-all-to-see-how-the-fbi-raid-exposes-deep-state-corruption\/\" title=\"\u2018Laid Bare For All To See\u2019: How The FBI Raid Exposes Deep State Corruption\">bloated federal bureaucracy<\/a> for massive savings. This will be in the form of tax reductions for you. This will help quickly to stop inflation and slash the deficit.&#8221;<\/p>\n<p>As the\u2064 U.S. approaches $33\u200d trillion in national debt, the economy is\u200c likely to be a topic of some importance \u2063during the first GOP primary debate later \u2063this month. But with Trump suggesting he will skip the event, he may not be able to defend \u2062against attacks\u2064 on his fiscal \u200drecord.<\/p>\n<p><em>Click <a href=\"https:\/\/www.washingtonexaminer.com\/news\/gop-hopefuls-poised-to-encircle-desantis-at-opening-debate\">here<\/a> \u200d to\u2063 read more\u200b from the Washington Examiner.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>During a recent New Hampshire town hall, Gov. Ron DeSantis (R-FL) criticized former President Donald Trump, his main Republican primary opponent, for not fulfilling his promise to &#8220;drain the swamp&#8221; and decrease the national debt. Trump had pledged to eliminate the debt, but instead, it increased by $8 trillion.<\/p>\n","protected":false},"author":1,"featured_media":1996252,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-1996251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1996251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1996251"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1996251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1996252"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1996251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1996251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1996251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}