g5000
Diamond Member
- Nov 26, 2011
- 128,965
- 73,268
- 2,605
In March 2019, Donald Trump, the self-anointed "King of Debt", submitted the largest big government spending budget in the history of the universe.
That budget had a $1 trillion deficit, way more than double the deficit he inherited from Obama.
Well, I said a while back the Biden will do his best to beat that record, and he has.
The White House on March 28, 2022, released President Joe Biden's $5.8 trillion proposed budget for federal spending in fiscal year (FY) 2023.
[snip]
We are all going to die.
Trump proposes record spending, trillion-dollar deficit
WASHINGTON (AP) — President Donald Trump proposed a record $4.7 trillion budget on Monday, pushing the federal deficit past $1 trillion but counting on optimistic growth, accounting shuffles and steep domestic cuts to bring future spending into balance in 15 years.
apnews.com
That budget had a $1 trillion deficit, way more than double the deficit he inherited from Obama.
Well, I said a while back the Biden will do his best to beat that record, and he has.
President Biden Unveils FY 2023 Budget Request | Insights | Holland & Knight
The White House on March 28, 2022, released President Joe Biden's $5.8 trillion proposed budget for federal spending in fiscal year (FY) 2023.
www.hklaw.com
The White House on March 28, 2022, released President Joe Biden's $5.8 trillion proposed budget for federal spending in fiscal year (FY) 2023.
[snip]
- Deficits: The budget assumes projected deficits totaling $14.4 trillion over the next decade. OMB estimates the deficit will increase from $1.4 trillion this year to nearly $1.8 trillion in 2032. Deficits are projected to exceed $1 trillion every year over the next decade.
We are all going to die.