The Deficit Is At $28.3 Trillion and the Bidenistas Want to Spend Another $3.4 Trillion…

by
Skip

I have been saying that the Federal Government spending (and deficit) have been unsustainable for about a decade – and have been pretty much ignored. Now that the deficit is at $28.3 Trillion.

SHOT: “Federal taxes hit a record $3,056,078,000,000 ”

 

Federal Tax Revenues 1977-2021 June

 

CHASER: “federal spending climbed to a record $5,294,027,000,000”

Fed Spending 1977-2021 June

 

And now the Regressives (aka, Democrat Socialists) want to spend ANOTHER $3.4 Trillion on their “human infrastructure” bill.

And you know who is going to pay for this all, right?  Inflation is already starting to roar along the lines of the Carter Administration when too much money was chasing too few goods (sound familiar as you are looking at housing prices??). Thanks, President Asterisk / Xiden and his “spending? no limit!”.

(H/T: CNSNews)

Author

  • Skip

    Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom and how the Government is taking that away. As an evangelical Christian and Conservative with small "L" libertarian leanings, my fight is with Progressives forcing a collectivized, secular humanistic future upon us. As a TEA Party activist, citizen journalist, and pundit!, my goal is to use the New Media to advance the radical notions of America's Founders back into our culture.

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