The federal government once again hit the debt ceiling. The ceiling limits the amount of money the federal government can borrow — a number that was set at $20.1 trillion.
Although the issue should have been dealt with in 2015, then-Speaker John Boehner capitulated to President Obama and postponed the debt limit until March 16, 2017. Since then, the federal debt has grown by $1,414,397,000,000 — more than one trillion in less than two years.
President Trump promised during his campaign to bring back American prosperity and make Washington work for everyone — not just for the small group of Washington elite inside the Beltway.