Hmm, I wonder how they'll blame Obama for this

There have been reports that the White House is anticipating that the federal budget deficit would increase to at least $1 trillion this year and they made it official yesterday evening.

The White House projects that the federal deficit will surpass $1 trillion this year, the only time in the nation's history the deficit has exceeded that level, excluding the four-year period following the Great Recession.

"The 2019 deficit has been revised to a projected $1.0 trillion," the White House Office of Management and Budget (OMB) wrote in its midyear review. [...]  Link

I thought the Republicans were the party of fiscal restraint and good economics? It almost seems like that's a lie, doesn't it?

That's what you get when you massively decrease incoming revenue from the rich, the only ones who have it, and screw around with the economy.

The next Republican-caused recession is going to be a doozy.