This doesn't look like support for Trump is failing at all...
POSTED BY: 6ixStringJack
UPDATED: Saturday, May 9, 2026 22:11
VIEWED: 432
PAGE 2 of 2
The federal government is projected to post a $2 trillion deficit in fiscal year 2026, double the 3% of GDP target that has bipartisan support in Congress, according to the Treasury's quarterly refunding documents.
The $2 trillion figure in fiscal year 2026 is up from $1.7 trillion last year. The Office of Management and Budget projects a deficit of $2.065 trillion, primary dealers surveyed by Treasury projected a median of $1.950 trillion and the Congressional Budget Office's February 2026 baseline projected $1.853 trillion.
Will McBride, the Tax Foundation's chief economist, said the numbers show Congress isn't taking action to address financial warnings about the U.S. debt.
"It indicates Congress and the administration are still ignoring the dangers of an unsustainable debt trajectory and actively making it worse rather than addressing it," McBride told The Center Square. "The effect is to make a crisis more likely to happen sooner rather than later."
The projections come from Treasury's quarterly refunding presentation to the Treasury Borrowing Advisory Committee, a panel of bond market participants that advises the department on debt management, making them among the most closely watched fiscal disclosures in financial markets.
A bipartisan resolution pending in Congress, House Resolution 981, would set a fiscal target of reducing the federal deficit to 3% of GDP or less by 2030. The measure has drawn support from both parties, with 18 co-sponsors including Rep. Jodey Arrington, R-Texas, Blue Dog Co-Chairs Jared Golden, D-Maine, and Marie Gluesenkamp Perez, D-Wash., and the resolution's lead sponsors, Reps. Bill Huizenga, R-Mich., and Scott Peters, D-Calif.
Huizenga said the 3% target remains the right goal despite the widening gap.
"We've been on the wrong fiscal path for far too long," Huizenga told The Center Square. "The point of the resolution is to get Republicans and Democrats – in Congress, across the federal government, and throughout the private sector – to show agreement and rally around 3% as the most practical, immediate target to address the fiscal crisis."
Arrington, the House Budget Committee chairman, said the nation is "sleepwalking off of a cliff" on its fiscal trajectory.
"The federal deficit has not fallen below 3% of GDP since 2015," Arrington said. "According to current projections, it will continue to exceed 5% of GDP every year for the next three decades. Throughout our history, deficits this large have only appeared in the shadow of wars and economic collapse."
https://www.aol.com/news/u-deficit-projected-hit-2-223600399.html?gucc
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The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
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Why do you only pretend to care about the deficit when a Democrat isn't President?
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Be Nice. Don't be a dick. 
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