Concord Coalition National Field Director Phil Smith and Concord Fiscal Lookout John Bohm from Virginia joined me on the l
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The Concord Coalition said today that a tax and spending package set to be voted on in the House of Representatives is a stunning display of fiscal irresponsibility.
“Unlike in past years, there really is no discussion of the budget at all.
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.
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.