Joe.My.God. LGBT News
“To give you an order of magnitude, in 2017, total government spending was about $4 trillion. Fast forward to today, total government spending has gone from $4 trillion, all the way up to nearly $7 trillion. We’ve nearly doubled government spending since 2017. What have tax revenues done? They’ve gone from $3.3 trillion to right about $5 trillion. So, we’re taking in a lot more taxes, but they can’t keep up with the Democrats’ wild spending binge.” – Sen. Ted Cruz, today on Fox News Sunday.
The Hill reports:
According to data from the Treasury Department, the government’s total spending for fiscal year 2017 was $4.79 trillion. Spending remained relatively steady under the Trump administration until 2020, when it jumped to $7.47 trillion. Spending in 2021 was on par with the year before, at $7.38 trillion, before decreasing to $6.27 trillion in 2022, according to the Treasury Department.
Cruz blames Democrats for ‘wild spending binge’ despite Trump increases https://t.co/M4aVeyWEtn
— MSN (@MSN) May 21, 2023
Joe Biden doesn’t want to negotiate over the debt ceiling.
He just wants to blame Republicans and appease the radicals in his party. pic.twitter.com/eiQRypBZYe
— Senator Ted Cruz (@SenTedCruz) May 21, 2023
Sen. Ted Cruz says Joe Biden doesn’t want to negotiate over the debt ceiling, argues he would rather blame Republicans to appease the radical Democrats.https://t.co/GPHsfBJwhv pic.twitter.com/cTs1ldIx2p
— Fox News (@FoxNews) May 21, 2023
Sen. Van Hollen: “The farce of this whole thing is that under Donald Trump, we raised the debt ceiling 3 times, 40% of our national debt was actually accumulated under Trump, and now they’re not willing to talk about any revenue from very wealthy people as part of this effort.” pic.twitter.com/VrkrFwj3Iv
— Aaron Rupar (@atrupar) May 21, 2023
Under Trump’s watch, the National Debt increased by $7.8 trillion, from $19.9 trillion to $27.7 trillion, due to tax cuts for billionaires. The Republicans want to make these tax cuts permanent. This will cost the Treasury another $3.5 trillion. So much for fiscal responsibility. pic.twitter.com/bHeV1lJGxW
— Tony – Resistance (@TonyHussein4) May 21, 2023