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 Susan Collins
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on Federal Deficit

Susan Collins losing to Democratic challenger Sara Gideon: Poll

Washington Examiner , 1 month ago
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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
Governor Gretchen Whitmer
on Federal Deficit

State of Michigan details plan to eliminate $2.2-billion budget deficit for 2020

Detroit Free Press , 2 months ago
Vice President Joseph Biden
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on Federal Deficit

Biden plans, addressing issues from climate to elder care, near $10 trillion price tag

Fox News , 2 months ago
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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
More Federal Deficit News »
TRENDING ON TWITTER:
Senator John Thune
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TWEETS on Federal Deficit

There have been two consistent themes of the #COVID19 federal response: 1. Dems’ unwillingness to negotiate on any point unless GOP agrees to add trillions to the national debt. 2. Republicans’ efforts to find common ground on a targeted and fiscally responsible COVID relief.

See tweet 1 week ago
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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
Rep. Glenn Grothman
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TWEETS on Federal Deficit

The Congressional Budget Office reported this week that the budget deficit for this year is $3.3 trillion, which will soon outpace our country’s annual GDP. We must be diligently work to cut spending in Washington instead of neglecting the problem, harming future generations.

See tweet 1 week ago
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Rep. Glenn Grothman received from National Air Traffic Controllers Assn: $19.5k, American Bankers Assn: $15k, Credit Union National Assn: $11k, plus $53.5k from others on Federal Deficit
Senator John Barrasso
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ATTACKS
Rep. Nancy Pelosi
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on Federal Deficit

We need to keep the government funded & functioning, but it’s not beyond @SpeakerPelosi to play politics with this. Democrats just want to add more to the national debt with additional spending. We need to end government shut downs permanently. https://t.co/hBLHdUqSIp

See tweet 2 weeks ago
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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
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