At the time, military spending, including spending on homeland security, accounted for 54% of discretionary spending — that is, not-mandatory spending.
Concord in the News
“Unlike in past years, there really is no discussion of the budget at all.
Athens Mayor Kelly Girtz and U.S. Rep.
Presidential candidates talk about what more they will do if they get more money — extracted from somebody else, of course.
Last week, the U.S. Treasury said the deficit for fiscal 2019 was $984 billion, a 26 percent increase from the year before. It's the widest gap between revenue and spending in seven years.
WASHINGTON — The U.S. Senate is expected this week to finally start tackling bills that will fund the government in 2020.
On Thursday when the Congressional Budget Office forecast a federal deficit of $984 billion for fiscal 2019, the Concord Coalition quickly condemned lawmakers’ lack of concern over our federal gove
The Trump administration is set to resume annual budget deficits exceeding $1 trillion. The national debt (the cumulative tally of annual deficits) now exceeds $22 trillion.