Sens. King, Warren: Biden's First Year Helped Economy to Recover
(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 Mar. 14, was $30.19 trillion. Despite these numbers, some Democrat senators believe President Joe Biden will balance the budget or expressed optimism that he will.