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Deficit Ballooned in Fiscal Year 2023

Facing The Future
October 25, 2023
Special Guest: Marc Goldwein, Brian Riedl

This week on Facing the Future, we looked at the final federal budget numbers for Fiscal Year 2023 and why the deficit shot up. Then we discussed President Biden’s $106 billion supplemental spending request for Ukraine, Israel and other international priorities. And finally, we heard from Brian Riedl of the Manhattan Institute and Marc Goldwein of the Committee for a Responsible Federal Budget on the threat of rising interest rates and the prospects for a new fiscal commission.

Last updated: October 25, 2023

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