Trump has signed a whopping $4.7 trillion of debt into federal law, budget watchdog says

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• President Trump has piled $4.7 trillion onto the federal debt so far, according to a budget watchdog.
• The Committee for a Responsible Federal Budget identified the 2017 Republican tax cuts as the biggest driver of debt.
• Trump campaigned on wiping away the national debt, but has embarked on a spending binge as president.
• Visit Business Insider's homepage for more stories.

President Trump signed a staggering $4.7 trillion of debt into law throughout his time in the White House so far, according to a budget group.

The Committee for a Responsible Federal Budget — a nonpartisan fiscal watchdog organization — estimated that Trump's spending binge throughout his presidency will pile an additional $4.7 trillion onto the federal debt through 2029.

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