💰 THE BIG LIE ABOUT REPUBLICAN “FISCAL RESPONSIBILITY” 💰Welcome to The Josh Lafazan Show. Today we’re dismantling one of the biggest myths in American politics: the idea that Republicans are the party of fiscal discipline, while Democrats are the reckless spenders.The truth? Donald Trump added more debt than any president in U.S. history — and in his second term, he’s on track to blow the deficit up even further. Meanwhile, modern Democratic presidents have consistently reduced deficits and delivered stronger economies. Let’s break it all down.📉 SEGMENT 1 – TRUMP’S FIRST TERM: RECORD-SETTING DEBTFrom 2017 to 2021, Trump added $7.1–$7.8 trillion to the national debt — the largest single-term increase ever. Independent analysts say he approved nearly $9 trillion in new borrowing, with only a fraction offset by savings. In just four years, he added more debt than the first 43 presidents combined over two centuries.💸 SEGMENT 2 – TRUMP’S SECOND TERM: THE “BIG BEAUTIFUL” BUDGET BILLOn July 4, 2025, Trump signed a massive package of permanent tax cuts, corporate giveaways, and rollbacks of clean energy incentives.Makes his 2017 tax cuts permanentAdds new deductions for tips, overtime, and senior incomeSlashes taxes for the wealthy without paying for itNonpartisan estimates: $3.3–$5 trillion added to the debt in the next decade — before interest. The bill could also slow GDP growth, reduce wages, and widen inequality.📊 SEGMENT 3 – THE GOP’S “BIG SPENDER” MYTHThe numbers don’t lie:Since Bill Clinton, every Democratic president (Clinton, Obama, Biden) has reduced the deficit.Every Republican president since Reagan has increased it.Clinton left office with a surplus. Obama cut the deficit in half after the Great Recession. Biden oversaw steep deficit reductions as COVID spending wound down.📈 SEGMENT 4 – DEMOCRATS & STRONGER ECONOMIESHistory shows better economic performance under Democrats:Faster GDP growthMore jobs created (50M+ vs. 17M under Republicans)Lower unemploymentStronger stock market gainsFrom Truman to Biden, Democrats have overseen longer stretches of job growth, higher incomes, and more stability.🤔 SEGMENT 5 – HOUSE FREEDOM CAUCUS HYPOCRISYThese same Republicans who attacked Biden for “spending too much” are now celebrating Trump’s debt-exploding budget.Under Democrats: Demand cuts to Social Security & MedicareUnder Republicans: Approve giant, unpaid-for tax cuts for the richIt’s never been about fiscal discipline — it’s about political convenience.⚠️ SEGMENT 6 – THE REAL COST OF RECORD DEBTHigher interest payments: Hundreds of billions a year just for interestLess crisis flexibility: Reduced ability to respond in recessionsEconomic drag: Potentially higher interest rates, slower growthBurden on future generations: Debt + interest passed downAnd after creating the debt, these same politicians will claim “we can’t afford” programs for working families.💡 SEGMENT 7 – THE TAKEAWAYDonald Trump is not a champion of fiscal responsibility — he’s the biggest debt-adding president in history, and he’s doubling down. The real record shows Democrats have done better at managing deficits and growing the economy.So the next time a Republican lectures you about spending, remember: the math tells a very different story.📢 CALL TO ACTIONIf you found this breakdown helpful:✅ LIKE the video✅ SHARE to fight political misinformation✅ SUBSCRIBE for more fact-checked analysisWe’ll keep cutting through the spin and showing you the numbers they don’t want you to see.

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