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
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on Federal Deficit

New Hampshire Union Leader just broke a 100-plus year streak of endorsing a Republican

CNN on MSN.com , 1 month ago
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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
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on Federal Deficit

Will Your Tax Dollars Bail Out Illinois’ Reckless Spending?

St. Louis Post-Dispatch , 1 month ago
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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
Rep. Nancy Pelosi
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on Federal Deficit

Will Your Tax Dollars Bail Out Illinois’ Reckless Spending?

Tulsa World , 1 month ago
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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
More Federal Deficit News »
TRENDING ON TWITTER:
Rep. Jim Banks
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TWEETS on Federal Deficit

I would hope Yellen will stand by her previous comments that the climbing national debt “should keep people awake at night…” Because @RepublicanStudy has a plan to fix it. https://t.co/50iSEac3Ba

See tweet 4 days ago
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Rep. Jim Banks received from American Bankers Assn: $21.5k, Leidos Inc: $17.7k, Northrop Grumman: $12k, plus $47.1k from others on Federal Deficit
Senator Mike Braun
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TWEETS on Federal Deficit

With $27 trillion in debt, we can’t afford to fight these wars forever. National security is the most important thing the federal government does, and the greatest threat to our long-term security as a nation is our massive federal debt. https://t.co/WqniRZAzqj

See tweet 1 week ago
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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
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Senator Mike Braun is on the Senate Committee on the Budget
Rep. Ro Khanna
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ATTACKS
Rep. John Kasich
on Federal Deficit

The worst mistake we can make next year is to have inadequate government spending. John Kasich said his biggest concern is our national debt – really? Not the 200,000 dead from COVID? Not the millions unemployed? We should do all we can to build a stronger social safety net.

See tweet 2 weeks ago
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Rep. Ro Khanna received from American Federation of Teachers: $5k, Sierra Club: $1k on Federal Deficit
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Rep. Ro Khanna is on the House 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