2025-26 Federal Deficit

A 3rd Deficit Crisis?

Biden's Unbridled Spending Didn't Help

Pain or No Pain, That is the Question

Related Sites     Inflation     Unemployment     Growth    Debt       Trump's Economy

 		dd


A 3rd Deficit Crisis?

Twice this Century, US Deficits Increased Dramatically.
US Federal Government Handled the Economic Chaos Well.
Biden 3rd and 4th Year Spending Didn't Help the 2025-26 Budget.
Late 2021 Congressional Spending Also Didn't Help

 

Biden's Unbridled Spending Didn't Help

$5,757 Borrowed Per Person for 2024
 Everyone got benefits  and Biden Still Lost.

 

  

  

Pain or No Pain, That is the Question

Avoiding Pain

1. Federal Government Borrowed $5,000,000,000,000
  to Limit Pain from Their Covid Shutdown Mistake

FED did well managing shocks 1& 2.

Quick Recovery Indicates Borrowing was Well Spent, but

Our Federal Government: President, Congress, SC, and Federal Reserve are in a Box.
Higher interest Rates Could Make the debt rollover more costly.

Avoiding Associated Pain May be Extremely Difficult.
 

 

  
 

 

  

 2. Not Extending 2017 Law Means Pain

Trump Lowered Taxes for everyone

 

 

 

 		 
 

 

3. Editor Suggested Cuts

 

  
 

Clinton Last President to Balance Budget