National Deficit Archives - Tennessee Conservative

National Debt Surpasses $33 Trillion

September 20, 2023September 20, 2023 TTC 1 Comment Budget, Committee for a Responsible Federal Budget, Dan Bishop, economic crisis, government shutdown, Government Spending, inflation, Joe Biden, Lawmakers, Marsha Blackburn, Maya MacGuineas, Mike Lee, national debt, National Deficit, Republicans, Taxpayer Dollars, U.S. Congress, U.S. Congressional Budget Office

The U.S. Gross National Debt Surpassed $33 Trillion, A Troubling Benchmark As Lawmakers Show Little Interest In Reining In Spending, Let Alone A Balanced Budget.

National News

Feds Borrowed Over $5 Billion Per Day As Programs Faced Insolvency

July 18, 2023July 18, 2023 TTC 1 Comment Committee for a Responsible Federal Budget, David Schweikert, Economy, federal deficit, GDP, Gross Domestic Product, Lawmakers, national debt, National Deficit, U.S. Congressional Budget Office, U.S. Treasury Department

Budget Groups Continue To Release Dire Forecasts For The Explosive Growth Of The U.S. National Debt. The U.S. Treasury Reported A $1.4 Trillion Deficit So Far Nine Months Into Fiscal Year 2023.

Opinion

Biden Finds A New Way To Distribute Wealth And Misery (Op-Ed)

May 3, 2023May 3, 2023 TTC 0 Comments Biden Administration, homeowners, Joe Biden, Mortgage, mortgage interest deduction, national debt, National Deficit, Opinion, Taxpayers, William Haupt III

Biden Has Just Revealed A Scheme To Help Finance His Spending And Redistribute The Wealth And Misery For American Taxpayers. For The First Time In The History Of This Nation, Biden Plans To Make Home Buyers With High Credit Scores And Those Buying Better Homes Pay A Penalty For Having Good Credit And Too Much Money. He Wants To Redistribute Their Wealth So He Can Make Them Miserable. This Is Just Another Liberal Scheme To Redistribute Wealth; Nothing More. Like Last Time The Housing Market Blew Up The Economy, Liberal Media Blamed The Evil Banks Who Were Forced To Loan Money To People Who Could Not Pay It Back. Will They Blame Joe Biden For It This Time? Don’t Count On It.

National News

U.S. House Freedom Caucus Bills Would Reduce Deficit By $1 Trillion Over Decade

April 6, 2023April 6, 2023 TTC 0 Comments Andy Biggs, federal deficit, Freedom Caucus, Government Spending, House Freedom Caucus, Joe Biden, Legislation, National Deficit, U.S. House of Representatives

Members Of The House Freedom Caucus Introduced 500 Bills To Reduce Non-Discretionary Spending To Pre-Covid Levels.

National News

Biden Calls For Federal And State Gas Tax Holidays, A Move Critics Call A ‘Gimmick’

June 23, 2022June 23, 2022 TTC 1 Comment American Energy Independence from Russia Act, Biden Administration, Cathy McMorris Rodgers, Gas Prices, Gas Tax, Gas Tax Holiday, Government Spending, Heritage Foundation, Highway Trust Fund, inflation, Joe Biden, Katie Tubb, National Deficit, Oil and Gas, Oil Industry, regulations, Russia, Ukraine, Washington D.C.

President Joe Biden Called On States And Congress Wednesday To Implement A Temporary Federal Gas Tax Holiday As The National Average Price Per Gallon Hovers Around $5 Per Gallon. Critics Say The Administration Needs To Ease Regulations On Oil And Gas Drilling In The U.S.

National News

Debt To Surpass GDP At Record Level Over Next Decade

May 27, 2022May 27, 2022 TTC 2 Comments Committee for a Responsible Federal Budget, Congressional Budget Office, Economic Outlook, federal deficit, GDP, Gross Domestic Product, Lawmakers, national debt, National Deficit, Policies

The Congressional Budget Office Released Its Economic Outlook For The Next Decade And Projected Record High Debt Levels Compared To The Nation’s Gross Domestic Product.

Biden administration eyes $3 trillion to $4 trillion spending plan

National News

Biden Administration Eyes Three To Four Trillion Dollar Spending Plan

March 24, 2021March 24, 2021 TTC 0 Comments Biden Administration, Care Economy, Clean Energy, College, David Ditch, Democrats, Economy, Government Spending, Green New Deal, Heritage Foundation, infrastructure, Jen Psaki, Jobs, Joe Biden, Left-Wing, Manhattan Institute, Mitch McConnell, National Deficit, Pandemic, Stimulus, Tax Hike, Tax Increase, Taxes, Taxpayers, U.S. Congress, White House

Critics Say The Increase In Spending Is Unsustainable. They Point Out That Deficit Spending Creates Tax Liability, Which Means Every Dollar Spent Over Budget Requires A Tax Increase On Americans In The Future.

U.S. Capitol Building_Washington D.C._Night

Opinion

Government Waste Thrives In Darkness

January 27, 2021January 27, 2021 TTC 0 Comments Barack Obama, Coronavirus Aid, COVID-19 Relief, Donald Trump, George W. Bush, Government Waste, national debt, National Deficit, Opinion, Taxpayers, transparency, U.S Congress, Unions

In the last 20 years, our country’s national debt has exploded. Today, the national debt is around $27 trillion, a four-fold increase in the last two decades. That doesn’t count unfunded mandates. And there is no end in sight. Obviously, our elected officials are unwilling to address this explosive, increasingly crucial national debt problem. Fortunately, we the taxpaying voters today have a weapon at our fingertips to successfully wage a War on Waste. Successful because our political leaders will quickly recognize that if they want to be reelected, they will have to respond accordingly.