Sen. Braun to Newsmax: Government Spending Outpacing Record Revenue

Sen. Mike Braun, R-Ind., told Newsmax the U.S. government is spending more money than it is taking in.

For his Tuesday appearance on "Eric Bolling The Balance," Braun said, "Well, uh- with the uh, tax system, uh, that was in place during the Trump administration, ironically, we're generating record revenues.

"When I got here, we were bringing in about $3.5 trillion, spending about $4.5 trillion. So we will still, with record revenues, end up having close to a $1.5 trillion deficit, and [President Joe] Biden put that out in the blueprint of his own budget for the next 10 years," added Braun.

The Indiana senator then said, "that takes us from roughly $30-31 trillion in debt to $45 to $46 trillion. We are now only second to Japan as the most indebted developed country in the world."

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