US Budget Deficit

GINGRICH: It is time to balance the federal budget again

February 10, 2022 Newt Gingrich

The national debt has passed $30 trillion. It is clearly time to start talking about balancing the federal budget. The explosion of federal debt has been astonishing. In 1980, the national debt was $908 billion. […]

Pelosi upbeat on Biden deal but Manchin pans billionaire tax

October 27, 2021 Lisa Mascaro, Aamer Madhani and Alan Fram, Associated Press

WASHINGTON, D.C. — House Speaker Nancy Pelosi told colleagues Wednesday that Democrats are in “pretty good shape” on President Joe Biden’s sweeping domestic plan, but fresh problems emerged as a pivotal Democrat panned a new […]

US budget deficit hits $2.77 trillion in 2021, 2nd highest

October 22, 2021 Martin Crutsinger, Associated Press

WASHINGTON, D.C. — The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion reached in 2020. The deficits in both years […]

HILL: Joe Manchin is no budget hero — but Kyrsten Sinema might be

October 6, 2021 Frank Hill

West Virginia Sen. Joe Manchin pretty much stuck a fork in the Radical Left-Wing Progressive Socialists’ (RLWPS, for short) aggressive and dangerous spending agenda when he announced that he would not support their so-called “human […]

US budget deficit for current year hits record $2.1 trillion

June 17, 2021 The Associated Press

WASHINGTON, D.C. — The U.S. budget deficit hit a record $2.06 trillion through the first eight months of this budget year as coronavirus relief programs drove spending to all-time highs. The shortfall this year is […]

Opinion

HOLDING: Debt Is Out-of-Control

March 20, 2019 George Holding

Decades of irresponsible, out-of-control government spending has left the United States drowning in an unprecedented level of debt. Last month, our national debt topped $22 trillion. Divided up, that comes to about $400,000 per taxpayer. […]