Federal Deficit

The federal deficit is the measure of how much more the government spent than it took in. The federal deficit stood at $984 billion on October 2019, and the total deficit is approximately $21 trillion. source
TRENDING NEWS:
Senator Mitt Romney
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AGAINST on Federal Deficit

Give Biden a Chance? On Covid Aid, Some Trump Voters Just Might

The New York Times , 2 days ago
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Senator Mitt Romney received from Delta Air Lines: $15k, American Physical Therapy Assn: $10k, Thermo Fisher Scientific: $10k, plus $38.5k from others on Federal Deficit
President Joseph Biden
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on Federal Deficit

Give Biden a Chance? On Covid Aid, Some Trump Voters Just Might

The New York Times , 2 days ago
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President Joseph Biden received from National Nurses United: $5k, Amalgamated Transit Union: $5k, International Assn of Fire Fighters: $5k, plus $7.7k from others on Federal Deficit
Rep. John Sweeney
AGAINST on Federal Deficit

N.J. budget could be surprisingly flush with cash. What will Murphy do with all that money?

NJ.com , 1 week ago
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TRENDING ON TWITTER:
Rep. Jay Obernolte
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TWEETS on Federal Deficit

5/5: There was bipartisan opposition to this bill, & I think it is clear why: Americans want targeted relief that will reopen schools, help families in need & support our small businesses, not pork barrel spending that will only drive up our national debt. https://t.co/dAdfYXSpJe

See tweet 20 hours ago
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Rep. Jay Obernolte received from Specialty Equipment Market Assn: $1k, Innovative Federal Strategies: $500 on Federal Deficit
Rep. Glenn Grothman
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TWEETS on Federal Deficit

Reckless spending is taking advantage of the pandemic to add $1.9T to the national debt. The result will be inflation, where homes, food & gas prices dramatically increase. Billionaires will be okay, it’s middle-class Americans most at-risk to feel the harsh repercussions.

See tweet 1 day ago
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Rep. Glenn Grothman received from National Air Traffic Controllers Assn: $19.5k, American Bankers Assn: $17.5k, Credit Union National Assn: $11k, plus $55.5k from others on Federal Deficit
Rep. Alex Mooney
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TWEETS on Federal Deficit

We must be judicious w/ our dollars. I urge my colleagues to consider the future. Today we have $27.9 T in national debt, which is more than $84,000 of debt per citizen. Now Pelosi & Dems are trying to fast-track through both chambers a $2 T bill packed w/ liberal priorities. https://t.co/nrQMMYWRJC

See tweet 1 day ago
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Rep. Alex Mooney received from American Bankers Assn: $30k, National Air Traffic Controllers Assn: $28.5k, National Assn of Mutual Insurance Companies: $16k, plus $70.5k from others on Federal Deficit
More Federal Deficit Tweets »

DETAILS:

FOR Republicans

Republican strategies include a mandatory balanced budget at the end of each spending year and cutting funding for ineffective programs and projects. source

FOR Democrats

Democrats focus on increasing revenue to fund the various government expenditures. Generally, this involves higher taxes on wealthy businesses, ending tax breaks for those who earn over $250,000, and regulating various aspects of government.

LOBBYIST:

  • Company
  • National Beer Wholesalers Assn
  • Lockheed Martin
  • American Bankers Assn
  • Honeywell International
  • Northrop Grumman
  • National Air Traffic Controllers Assn
  • Credit Union National Assn
  • Deloitte LLP
  • American Assn for Justice
  • American Hospital Assn