7/18/2019

Spending Addicts Rule the House

"The economy is growing, revenues are growing, unemployment is low, and yet the U.S. government’s budget deficit is exploding. According to the Department of Treasury, nine months into the beginning of the fiscal year, the U.S. budget gap has increased to $747 billion. Since there are another three months to go, it will very likely reach the $1 trillion mark by the end of the fiscal year — a $210 billion increase over last year. If there was ever a case that Uncle Sam has a spending problem, and not a revenue problem, this is it."