Sen. Crapo: Weekly Column - Biden Budget Unaffordable
April 10, 2023
April 10, 2023
WASHINGTON, April 10 -- Sen. Mike Crapo, R-Idaho, issued the following column on April 10, 2023:
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Biden Budget Unaffordable
The White House recently released its Fiscal Year (FY) 2024 budget proposal a month late, and it would run our country deeper in debt. It would drive up federal spending to $6.9 trillion, while deficits would rise to more than $2 trillion by FY 2033. Interest on federal debt will skyrocket from $661 billion this year to more than . . .
* * *
Biden Budget Unaffordable
The White House recently released its Fiscal Year (FY) 2024 budget proposal a month late, and it would run our country deeper in debt. It would drive up federal spending to $6.9 trillion, while deficits would rise to more than $2 trillion by FY 2033. Interest on federal debt will skyrocket from $661 billion this year to more than . . .