Posted 10/24/2023, 5:28:20 PM
Biden Budget Deficits Drive Debt to Dangerous Highs
- U.S. faces economic crisis due to soaring national debt and budget deficits, per expert Dr. Dave Brat
- Budget deficit hit $1.7 trillion in 2023, up 23% from prior year
- U.S. debt projected to reach $50 trillion in 10 years, requiring over half of budget just for interest payments
- Biden administration pushed expensive programs like $1.9 trillion stimulus and $2 trillion infrastructure spending
- Republican efforts unable to stop Biden's debt ceiling increases and spending plans
