From Eagle Forum, Colleen Holcomb President <[email protected]>
Subject Debt Limit Drama
Date December 16, 2021 3:49 PM
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December 16, 2021
Congress Expands Federal Government by Increasing Debt Limit
The federal government has a big spending problem. We have watched both parties add to the federal debt for decades while ignoring the impending consequences. In one generation alone, the deficit has ballooned from $5.2 trillion to $28.4 trillion. A whopping 54% of the federal deficit has been incurred in just the past two years, since the beginning of the COVID-19 pandemic. Now, the government is out of money and is forcing the American people — and future generations — to bail them out.

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Congress couldn't stay within their budget yet again. When Senate Republican leadership gave them a couple of months to come up with an alternative, Democrats twiddled their thumbs. This week was full of drama with Democrats scrambling for a fix. Hear all of the details in this week's Capitol Hill Update.

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