(CNSNews.com) The federal government ran a $2.7-trillion deficit in fiscal year 2021 and currently has a $475-billion deficit for fiscal year 2022. In addition, the national debt, as of Monday, was $30.19 trillion. Despite these numbers, some Republican senators believe that President Joe Biden will not balance the budget or make any real effort to do so.
(CNSNews.com) The federal government ran a $2.7-trillion deficit in fiscal year 2021 and currently has a $475-billion deficit for fiscal year 2022. In addition, the national debt, as of Monday, was $30.19 trillion. Despite these numbers, some Republican senators believe that President Joe Biden will not balance the budget.
(CNSNews.com) When asked whether President Joe Biden would ever balance the budget, Sen. Rand Paul (R-Ky.) said, “No, I don’t think the Democrats care at all about deficit spending.”
(CNS News.com) When asked whether President Joe Biden would ever balance the federal budget, Sen. Steve Daines (R- Mont.) said, “He’ll never balance the budget, but we need to balance the budget.”