Biden beats Trump in recent conservative poll

essentialsaltes said:

‘The fiscal trajectory is not sustainable’: CBO warns about the highest debt in U.S. history as Trump adds $1.4 trillion to 10-year deficit​

In its latest budget and economic outlook, the Congressional Budget Office (CBO), a nonpartisan federal agency, revised its cumulative deficit projection for the 2026–2035 period upward by $1.4 trillion compared with its forecast from just a year ago.

“Our budget projections continue to indicate that the fiscal trajectory is not sustainable,” CBO Director Phillip Swagel said in a statement, noting the agency’s latest projections. Under laws passed in Trump’s first year back in office, the national debt in 2030 will surpass the historic high of 106% of GDP, which it reached in 1946. Meanwhile, the balance of Social Security’s Old-Age and Survivors Insurance Trust Fund will be exhausted in 2032, one year earlier than the CBO projected last January.

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Vambram said:

Every time we want to reduce the federal budget in the last 16 years, the Democratic Party revolts against doing so.

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essentialsaltes said:

Every time Trump cuts taxes, he doesn't pay for it, leading to larger deficits.

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Vambram said:

The federal budget is put together and voted into law by Congress.

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• Deficit Outlook: The 2026 deficit of $1.9 trillion is roughly equal to 5.8% of GDP, which is historically high for a period with unemployment under 5%.

essentialsaltes said:

And what has the Republican majority done this year?

AI:

Key findings from the February 2026 CBO report:

• Deficit Outlook: The 2026 deficit of $1.9 trillion is roughly equal to 5.8% of GDP, which is historically high for a period with unemployment under 5%.

The U.S. federal budget deficit for fiscal year (FY) 2025 was
$1.8 trillion

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Vambram said:

When was the last time the Democratic Party cut the federal budget?

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NxNW said:

They're the ones who reduce the deficit.

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Vambram said:

The federal budget is put together and voted into law by Congress.
Every time tax rates are cut, the federal revenue increases. We don't have a revenue problem, but we do have a spending problem.

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