Executive Branch

Accounting Expert: Here’s What Biden Won’t Say on US Deficits in State of the Union Speech

Accounting Expert: Here’s What Biden Won’t Say on US Deficits in State of the Union Speech
Fences and barriers surround the U.S. Capitol after being re-installed ahead of President Joe Biden's State of the Union Address before a Joint Session of Congress on Feb. 27, 2022, in Washington, D.C. The State of the Union is scheduled for March 1. Pete Marovich/Getty Images
Mark Tapscott
Mark Tapscott
Senior Congressional Correspondent
|Updated:

President Joe Biden is expected to speak an hour or more while mentioning multiple hot issues during his State of the Union (SOTU) address to the nation Tuesday evening, but the true scope of the national debt likely won’t be among them, according to a government accounting guru.

The Department of the Treasury issued its latest annual Report on the Financial Condition of the United States on Feb. 17 and estimated the national debt to be $29.8 trillion as of Sept. 30, 2021, the last day of the 2021 fiscal year.
Mark Tapscott
Mark Tapscott
Senior Congressional Correspondent
Mark Tapscott is an award-winning senior Congressional correspondent for The Epoch Times. He covers Congress, national politics, and policy. Mr. Tapscott previously worked for Washington Times, Washington Examiner, Montgomery Journal, and Daily Caller News Foundation.
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