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:
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Senator Susan Collins received from Lockheed Martin: $34.1k, Deloitte LLP: $30k, Honeywell International: $27k, plus $128.5k from others on Federal Deficit
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Vice President Joseph Biden received from Amalgamated Transit Union: $5k, International Assn of Fire Fighters: $5k, National Education Assn: $4k, plus $3k from others on Federal Deficit
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TRENDING ON TWITTER:
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Senator John Thune received from Norfolk Southern: $25k, Prudential Financial: $25k, National Air Traffic Controllers Assn: $22.5k, plus $142.5k from others on Federal Deficit
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Senator John Thune is on the Subcommittee on Taxation and IRS Oversight
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Senator John Barrasso received from Pinnacle West Capital: $30.2k, Merck & Co: $30k, Norfolk Southern: $25k, plus $171k from others on Federal Deficit
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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
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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