The United States will not enter a recession due to the change of administration, but because of the excess spending policies ...

Peterson Foundation. Our federal government is spending considerably more each year than it brings in. As deficit spending grows so does the interest on the debt the U.S. must pay annually.

That’s because they believe that the central bank of a reserve currency country that has its money widely accepted ... that stand in the way. The budget deficit should be cut to 3% of GDP ...

So what did we learn? That the January U.S. budget deficit came in much higher than expected, at $128 billion, driven by a nearly 30% increase in spending year-on-year, and only a modest increase ...

“The overall goal is to try to get a trillion dollars out of the deficit ... spends $6.8 trillion in taxpayer money. The largest chunks of the federal budget go toward mandatory spending.