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(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)—When asked whether President Joe Biden would ever balance the federal budget, Sen. Sherrod Brown (D-Ohio) did not answer directly but said, “He inherited a mess with the tax cuts for the rich that his predecessor did.”
(CNSNews.com)—When asked whether President Joe Biden would ever balance the federal budget, Sen. Ted Cruz (R-Tex.) said, “I don’t think there’s any chance of that.”
(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.”
(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.