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:
$
President Donald Trump received from Lockheed Martin: $1m, Northrop Grumman: $100k, Visa Inc: $50k, plus $18.7k from others on Federal Deficit
$
Rep. Nancy Pelosi received from National Education Assn: $40k, National Assn of Broadcasters: $40k, Credit Union National Assn: $37.5k, plus $215.5k from others on Federal Deficit
$
Rep. Nancy Pelosi received from National Education Assn: $40k, National Assn of Broadcasters: $40k, Credit Union National Assn: $37.5k, plus $215.5k from others on Federal Deficit
More Federal Deficit News »
TRENDING ON TWITTER:
$
Senator Mike Braun received from Specialty Equipment Market Assn: $20.2k, National Turkey Federation: $15k, American Bankers Assn: $12.5k, plus $41.5k from others on Federal Deficit
P
Senator Mike Braun is on the Senate Committee on the Budget
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
  • Lockheed Martin
  • Honeywell International
  • National Beer Wholesalers Assn
  • National Air Traffic Controllers Assn
  • American Bankers Assn
  • Deloitte LLP
  • Northrop Grumman
  • Credit Union National Assn
  • American Hospital Assn
  • American Assn for Justice