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 $10.4k from others on Federal Deficit
$
President Donald Trump received from Lockheed Martin: $1m, Northrop Grumman: $100k, Visa Inc: $50k, plus $10.4k from others on Federal Deficit
$
President Donald Trump received from Lockheed Martin: $1m, Northrop Grumman: $100k, Visa Inc: $50k, plus $10.4k from others on Federal Deficit
More Federal Deficit News »
TRENDING ON TWITTER:
$
Rep. Joyce Beatty received from American Bankers Assn: $17k, NiSource Inc: $15.5k, Cardinal Health: $15k, plus $73.5k from others on Federal Deficit
$
President Donald Trump received from Lockheed Martin: $1m, Northrop Grumman: $100k, Visa Inc: $50k, plus $10.4k 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
  • American Hospital Assn
  • Credit Union National Assn
  • American Assn for Justice