Projections from the Congressional Budget Office show that the federal deficit will rise to over nine hundred eighty billion dollars by next year. The federal debt is now over twenty-one trillion dollars.
While revenues to the US government continue to rise, federal spending is rising faster.
South Dakota republican Congressional candidate Dusty Johnson says an election in January may be a big step in getting the deficit under control…
Spending on programs like Social Security, Medicare and defense make up about two thirds of the budget.
Johnson says there is room to reform….
Johnson says younger Americans will have to deal with the needed changes….
Johnson faces democrat Tim Bjorkman, libertarian George Hendrickson and independent Ron Wieczorek in November.