Federal Budget Heading Toward Trillions in Debt

The federal budget is heading toward trillions of dollars in new debt in the next 10 to 20 years.
Federal Budget Heading Toward Trillions in Debt
Senate Budget Committee Chairman Kent Conrad (D-N.D.) delivers opening remarks during a hearing about the Obama administration's FY2011 budget on Capitol Hill Feb.2 in Washington, D.C. Chip Somodevilla/Getty Images
Joshua Philipp
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/debt96349806.jpg" alt="Senate Budget Committee Chairman Kent Conrad (D-N.D.) delivers opening remarks during a hearing about the Obama administration's FY2011 budget on Capitol Hill Feb.2 in Washington, D.C. (Chip Somodevilla/Getty Images)" title="Senate Budget Committee Chairman Kent Conrad (D-N.D.) delivers opening remarks during a hearing about the Obama administration's FY2011 budget on Capitol Hill Feb.2 in Washington, D.C. (Chip Somodevilla/Getty Images)" width="320" class="size-medium wp-image-1823253"/></a>
Senate Budget Committee Chairman Kent Conrad (D-N.D.) delivers opening remarks during a hearing about the Obama administration's FY2011 budget on Capitol Hill Feb.2 in Washington, D.C. (Chip Somodevilla/Getty Images)
Joshua Philipp
Joshua Philipp
Author
Joshua Philipp is senior investigative reporter and host of “Crossroads” at The Epoch Times. As an award-winning journalist and documentary filmmaker, his works include “The Real Story of January 6” (2022), “The Final War: The 100 Year Plot to Defeat America” (2022), and “Tracking Down the Origin of Wuhan Coronavirus” (2020).
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