Trump told the Fox News Channel: “We’re gonna take care of the 40 trillion over a period of time through growth. We’re growing at a faster rate than we’ve ever grown before.” While the U.S. is not, in fact, growing at a record pace—growth during Trump’s second term has sat at 1.9% The idea that the U.S. could sustain high spending with low taxes by growing its way out of debt has been a driving force in the Republican Party since the 1980s, but as Rubin and Lahart note, the U.S. has not had the sustained 3% growth such a scenario requires since the 1990, Clinton Administration. MAGA