Congress must assign a bipartisan panel of unelected experts to shape proposals to balance the budget, business leader and author Jim Nowlan writes in a Chicago Tribune column.
I was struck, no, dumbfounded by this: Debt funded all federal government spending in 2025.
The federal government plans to spend a total of $7 trillion in fiscal 2025 but only bring in $5.16 trillion in revenue. That leaves a deficit of approximatel… [4333 chars]
Source: Norfolk Virginian-Pilot | Published: 2025-10-24T22:05:17Z
Credit: Norfolk Virginian-Pilot
