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FreedomWorks Statement in Response to $984 Billion CBO Budget Deficit Estimate
10-08-2019, 04:15 AM,
#1
FreedomWorks Statement in Response to $984 Billion CBO Budget Deficit Estimate
FreedomWorks Statement in Response to $984 Billion CBO Budget Deficit Estimate

<div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even" property="content:encoded"><p>WASHINGTON, D.C. -- In response to the Congressional Budget Office’s (CBO) recently released final estimated budget deficit for FY 2019, which shows the deficit reaching $984 billion, Jason Pye, FreedomWorks Vice President of Legislative Affairs, commented:</p>

<p>“Democrats and Republicans must be held responsible for the outrageous deficit reported today by the CBO. Fiscal sanity has all but escaped Washington, as evidenced by this year’s cap-busting budget deal. This unsustainable situation is only going to get worse.</p>

<p>“In spite of record revenues, the deficit has grown to a nearly insurmountable figure under Congress’ watch — or more accurately, its lack thereof. If the federal government is to one day get its fiscal house in order, Congress needs to take a hard look at cutting spending, which means considering real reforms to mandatory spending programs, the primary drivers of the deficit.”</p>
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http://www.freedomworks.org/content/free...t-estimate
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