Senate Adds $1.7 Trillion to Deficit | Citizens Against Government Waste

Senate Adds $1.7 Trillion to Deficit

The WasteWatcher

On August 1, 2019, the Senate passed a two-year budget and debt-ceiling deal, sending the bill to President Trump, who said he will sign it.

The bill is projected to add approximately $1.7 trillion to the deficit over the next ten years; will lift the debt ceiling until 2021; set a $1.37 trillion limit on agencies’ annual budgets for fiscal year 2020; and, raise that limit in fiscal year 2021. It also ends the automatic spending cuts put in place by the 2011 Budget Control Act.

Senator Rand Paul (R-K.y.) said the bill “marks the death of the tea party in America.” He lamented his Republican senate colleagues support for the bill stating “Both parties have deserted, have absolutely and utterly deserted, America, and show no care and no understanding and no sympathy for the burden of debt they are leaving the taxpayers, the young, the next generation, and the future of our country.”

The bill passed the Senate 67 to 28 with bipartisan support. Only 23 Republicans and five Democrats voted against it. The Democratic-controlled House passed the legislation last week 284 to 149.

On Twitter, President Trump threw his support behind the deal, telling Republican lawmakers that they can worry about cutting spending later. He Tweeted: “Budget Deal is phenomenal for our Great Military, our Vets, and Jobs, Jobs, Jobs! Two year deal gets us past the Election. Go for it Republicans, there is always plenty of time to CUT!”

The U.S. government is currently over $22 trillion in debt, a fact some of the bill’s Republican opponents raised during debate.