NY grand jury indicts former President Trump
(CNS News) -- When asked if he believed the Biden administration would take any action to balance the budget, Senator James Lankford (R-Okla.) said, “No.”
At the U.S. Capitol on Tuesday, CNS News asked the Senator, “The federal deficit through the first 11 months of this fiscal year was $2.7 trillion and the federal debt is now $28 trillion. Will the Biden administration do anything to balance the budget?”
Lankford replied, “Not so far, they haven’t.”
In a follow-up question, CNS News asked, “Do you believe they will take any action to?”
“No,” he responded.
The United States Treasury released the total outstanding public debt on Sept. 17, which was $28.4 trillion.
Despite these numbers, House Speaker Nancy Pelosi (D-Calif.) pushed the $3.5 trillion spending blueprint through the House in late August, reported the Wall Street Journal. The Democrat victory was a party-line vote, 220-212.
Due to the bill’s passing, the Democrats will begin the reconciliation process which allows them to pass a “broad package of healthcare, education and climate provisions in the Senate without GOP support, so long as all 50 Democratic senators back it” wrote the Journal.
However, keeping the support of all 50 Democratic senators may prove difficult, as Sens. Joe Manchin (D-W.Va.) and Kirsten Sinema (D-Ariz.) have expressed concerns about the bill’s price tag.