The deficit spending in 2022 was almost $1.4 trillion.
Governmental deficit spending, caused by elected politicians, is the reason income differences between the poor and middle class versus the wealthy keep widening.
Elected Republicans should insist on eliminating spending on specific government entities in exchange for raising the debt ceiling any amount.
If the debt ceiling is raised by some amount, the current fiscal year should have the full and permanent spending reductions of the identical amount.
To give some perspective how out-of-control federal spending is, if all these government entities had their spending permanently eliminated, the savings would approximately equal the deficit.
Because appropriations originate in the House, all the House needs to do to cut spending is not appropriate the funds.
If Republicans are serious about aligning with parents, poor and middle-class workers, businesses interested in capitalist ventures producing goods and services people want, and senior citizens, then they need to get serious about spending.
https://www.americanthinker.com/articles/2023/03/a_window_for_balancing_the_budget.html
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