(Worthy News) – The budget proposal that President Joe Biden released today calls for the federal government to run a cumulative deficit of $14.53 trillion ($14,531,000,000,000) over the next ten years.
Under Biden’s proposal, the lowest the deficit would ever go in the next decade is in 2027, when it would hit $1,303,000,000,000.
The proposal says that it aims to reduce deficits starting a decade from now—rather than in the next ten years. [ Source: CNS News (Read More…) ]
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(Worthy News) – The budget proposal that President Joe Biden released today calls for the federal government to run a cumulative deficit of $14.53 trillion ($14,531,000,000,000) over the next ten years.