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Podcast: Townhall Review | Commentaries
Episode: Bowyer: America's Debt Matters
Description: The Congressional Budget Office just updated its forecast—and the bottom line is that our fiscal position is deteriorating. The last report increased its debt forecast by 1.4 trillion and this one just added another increase…3.1 trillion. CBO is forecasting average annual deficits of $2 trillion dollars. What they are not forecasting is a recession, which if it does occur would certainly worsen the debt picture. Biden’s fiscal policies are a direct assault on the young. Every time you read about a new spending initiative out of Washington, imagine the political class pointi...