We're talking about wasteful federal spending and an uncontrolled budget that threatens to bankrupt our country.
In fiscal year 2020, the federal budget is forecast to produce a line of deficits totaling $1 trillion a year.
"The federal debt increases each year more than the deficit. For FY 2019 the federal budget estimates that the federal debt will increase by about $1.32 trillion. That's about $228 billion more than the official 'deficit.'".
The Committee for a Responsible Federal Budget says that our government's "Debt is rising unsustainably."
"Spending Is Growing Faster Than Revenue. CBO projects spending will grow rapidly, from less than 21 percent of GDP in 2018 to over 29 percent by 2048.".
With spending growing faster than revenue, the answer is to slow the growth of federal spending, and that means getting rid of wasteful, ineffective, outdated federal programs.
In the late 1970s and early 1980s, I was a Washington reporter for UPI who was assigned to dig into hundreds of federal spending programs for a series of articles that newspapers across the country gobbled up faster than I could write them.
https://townhall.com/columnists/donaldlambro/2019/06/14/federal-spending-like-theres-no-tomorrow-n2548156
In fiscal year 2020, the federal budget is forecast to produce a line of deficits totaling $1 trillion a year.
"The federal debt increases each year more than the deficit. For FY 2019 the federal budget estimates that the federal debt will increase by about $1.32 trillion. That's about $228 billion more than the official 'deficit.'".
The Committee for a Responsible Federal Budget says that our government's "Debt is rising unsustainably."
"Spending Is Growing Faster Than Revenue. CBO projects spending will grow rapidly, from less than 21 percent of GDP in 2018 to over 29 percent by 2048.".
With spending growing faster than revenue, the answer is to slow the growth of federal spending, and that means getting rid of wasteful, ineffective, outdated federal programs.
In the late 1970s and early 1980s, I was a Washington reporter for UPI who was assigned to dig into hundreds of federal spending programs for a series of articles that newspapers across the country gobbled up faster than I could write them.
https://townhall.com/columnists/donaldlambro/2019/06/14/federal-spending-like-theres-no-tomorrow-n2548156
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