Senate Budget Committee Chair Whitehouse: Republicans Fixation on Tax Cuts for Billionaires is Driving Up National Debt
October 21, 2023
October 21, 2023
WASHINGTON, Oct. 21 -- Sen. Sheldon Whitehouse, D-Rhode Island, chairman of the Senate Budget Committee, issued the following statement on Oct. 20, 2023:
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The U.S. Department of the Treasury released a statement on the Fiscal Year 2023 budget results.
According to the statement, federal revenues fell to 16.5 percent of GDP last fiscal year, down from 19.3 percent in 2022. Revenues have only been that low six times since 1962 (not including the period . . .
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The U.S. Department of the Treasury released a statement on the Fiscal Year 2023 budget results.
According to the statement, federal revenues fell to 16.5 percent of GDP last fiscal year, down from 19.3 percent in 2022. Revenues have only been that low six times since 1962 (not including the period . . .