Shocking government report reveals national debt crisis grew much worse under Biden

Contributing sentiments towards policy:

52% : That's more than any other single program in the current federal budget, including Social Security, which costs about $1.5 trillion annually.
52% : Government overspending was one of the primary drivers of recent inflation.
50% : In a recently published report titled "The Budget and Economic Outlook: 2025 to 2035," CBO researchers projected government expenditures, revenues and deficits for the U.S. government over the next decade.
48% : CBO estimates personal income tax revenues will hit $4.41 trillion in 2035, compared to $2.42 trillion in 2024.
44% : In 2035, CBO estimates government spending will reach $10.73 trillion, compared to a little over $7 trillion in 2025. CBO also estimates the annual budget deficit will soar to $2.4 trillion in 2033, $2.5 trillion in 2034 and $2.7 trillion in 2035.
34% : Government spending must be reduced immediately, or our economy is going to be in massive trouble over the next decade.
33% : Increasing taxes is politically unpopular and horrible for economic growth, so cutting spending is the only reasonable way for the Trump administration and Congress to prevent the current debt crisis from getting even worse. CLICK HERE TO GET THE FOX NEWS APP This is exactly why the recent efforts to slash government waste by Elon Musk and the newly created Department of Government Efficiency (DOGE) are so important.

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