US budget gap soars to $1.7 trillion, largest outside COVID era The deficit comes as Biden is asking Congress for $100 billion in new foreign aid and security spending, including $60 billion for Ukraine and $14 billion for Israel, along with funding for U.S. border security and the Indo-Pacific region. The big deficit, which exceeded all pre-COVID deficits, including those brought about by Republican tax cuts passed under Donald Trump and from the financial crisis years, is likely to enflame Biden's fiscal battles with Republicans in the House of Representatives, whose demands for spending cuts pushed the U.S. to the brink of default in early June over the debt ceiling.
Hillbillies on welfare would kill to keep their draw. Military industrial complex and the politicians that they own also would kill to keep their draw. Trump interrupted their money flow, that's why they hate him. Picture starving hillbillies (the elite) grabbing those deficit dollars.