RE: Congrats to Donald Trump: Record month of budget deficit
Posted on: June 15, 2019 at 09:14:47 CT
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Its certainly true that annual deficits appear to be out of control, regardless of EB administration. Only about 31% of Federal spending are directly tied to national defense, general government operations and interest on the debt. The remaining 69% is dedicated to social programs and pension programs. Until Congress aggressively attacks Federal pensions and social program spending there will be no relief.