Tag: Federal Budget

Capital and Risk, Macroeconomic

Sens. Toomey, Scott: Biden Will Not Balance the Federal Budget

March 17, 2022


The federal government ran a $2.7-trillion deficit in fiscal year 2021 and currently has a $475-billion deficit for fiscal year 2022. In addition, the national debt, as of Monday, was $30.19 trillion. Despite these numbers, some Republican senators believe that […]