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Author Topic: Biden Budget Proposes $17 Trillion in Deficits Over Next Decade  (Read 492 times)

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Offline rangerrebew

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Biden Budget Proposes $17 Trillion in Deficits Over Next Decade
« on: March 11, 2023, 10:05:19 pm »
Biden Budget Proposes $17 Trillion in Deficits Over Next Decade
 
By Andrew Moran
March 10, 2023Updated: March 10, 2023
 

President Joe Biden revealed the third budget of his presidency, proposing to spend $6.8 trillion and raise taxes by approximately $5 trillion. Despite being promoted as a deficit-reducing plan, the White House forecasts trillions in budget shortfalls over the next decade.

According to the administration’s projections (pdf), the U.S. government would record $17.055 trillion in federal deficits by 2023. This includes a $1.8646 gap in the fiscal year 2024 budget, representing 6.8 percent of GDP.


The White House estimates that the federal government would accumulate $10.21 trillion in interest payments.

https://www.theepochtimes.com/biden-budget-proposes-17-trillion-in-deficits-over-next-decade_5114611.html?utm_source=partner&utm_campaign=BonginoReport
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Offline Fishrrman

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Re: Biden Budget Proposes $17 Trillion in Deficits Over Next Decade
« Reply #1 on: March 11, 2023, 11:29:08 pm »
The Pubbies are in the driver's seat in the House.

How big that future deficit will be... is up to them.
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Offline christian

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Re: Biden Budget Proposes $17 Trillion in Deficits Over Next Decade
« Reply #2 on: March 12, 2023, 04:03:41 am »
Bidens been mr. innocent dementia fool thus far, and its worked very well for him, WHY NOT?
There is obviously still no shortage of fools that want to crash and burn to ashes with him, why not?
 :smokin: :smokin: :smokin:
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Offline catfish1957

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Re: Biden Budget Proposes $17 Trillion in Deficits Over Next Decade
« Reply #3 on: March 12, 2023, 06:28:43 am »
Wooohooo.....

We'll be talking quadrillions in no time.

It's only f'ng zeros.  /s
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Offline christian

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Re: Biden Budget Proposes $17 Trillion in Deficits Over Next Decade
« Reply #4 on: March 13, 2023, 12:38:55 am »
Due recompense will follow, and the abundant stacks will burn hotly with the deniers wither they go, and with those they serve and rightly so.
 :dumpster: :reaper: :dumpster:
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Offline Kamaji

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Re: Biden Budget Proposes $17 Trillion in Deficits Over Next Decade
« Reply #5 on: March 14, 2023, 12:24:35 pm »
:facepalm2:
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Offline mountaineer

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Re: Biden Budget Proposes $17 Trillion in Deficits Over Next Decade
« Reply #6 on: March 16, 2023, 01:16:57 pm »
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Offline christian

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Re: Biden Budget Proposes $17 Trillion in Deficits Over Next Decade
« Reply #7 on: March 17, 2023, 11:29:58 pm »
WOKE agendas prove that sometimes life is very fair to fools, damn fools, and utter fools. but just try to find one of those fools to agree after they get their way.  Esp democrats!
Hell expanded to accept  larger groups of fools AND DAMN FOOLS, but they don't mind as long as you lie to them and call it heaven!
 :mauslaff: :laughingdog: 000hehehehe :media: :reaper:
« Last Edit: March 20, 2023, 03:25:23 am by christian »
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