The national deficit is on track to hit $31 trillion as soon as this month – as President Joe Biden continues to up spending including on student loan forgiveness, semiconductor chip manufacturing and green initiatives
Proverbs 22:16 Whoever oppresses the poor to increase his own wealth, or gives to the rich, will only come to poverty.
Important Takeaways:
- US national debt nears $31 TRILLION for the first time ever and is still rising due to Joe Biden’s semiconductor vow, student loan forgiveness and green plans… despite Covid spending halt
- The national deficit is on track to hit $31 trillion as soon as this month
- President Joe Biden continues to up U.S. spending including on student loan forgiveness, semiconductor chip manufacturing and green initiatives
- COVID spending has finally halted after $4.5 trillion was allocated to assist American people and companies in the midst of the pandemic
- Biden has touted the drop in deficit coming off of the health emergency
- Overall debt has continued to climb and has shot up during Biden’s presidency
- In Biden’s two years the U.S. has seen record-high inflation and gas prices along with a recession after two straight quarters of negative GDP growth
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