Expert Breaks Down the Impacts of ‘Ballooning’ Federal Deficit

Brandon Arnold, executive vice president of the National Taxpayers Union, spoke with NTD about the implications of the non-partisan Congressional Budget Office’s (CBO) projections that the federal budget deficit will reach $1.9 trillion this fiscal year, approximately another $400 billion, or 27 percent, higher than its earlier projections in February. Mr. Arnold discussed the policy decisions and legislation that led to the ballooning of the federal deficit.