US Budget Deficit Hits $2.77 Trillion in 2021 2nd Highest
We ran the numbers: There are 1476 news articles covering this topic. 41% (606) are left leaning, 35% (517) are center, and 24% (353) are right leaning.
The U.S. budget deficit totaled $2.77 trillion for 2021, which is the second highest on record. While left-leaning articles highlight that the Biden administration attributed the improvement to the $1.9 trillion relief package passed by Congress and the rollout of the vaccines, right-leaning articles highlight that the new numbers show continued massive emergency spending in 2021.
A left-leaning article by The New York Times highlights that the Biden administration attributed the improvement to the $1.9 trillion relief package passed by Congress and the rollout of the vaccines. This year, tax revenue rose to $4 trillion, as wealthier individuals and corporations paid more in taxes than expected.
AP News published a centrist article reporting that the deficit is an improvement from the all-time high of $3.13 trillion reached in 2020. The Biden administration said Friday that the deficit for the budget year that ended Sept. 30 was $360 billion lower than 2020.
A right-leaning article by Washington Examiner highlights that the new numbers show continued massive emergency spending in 2021. The spending included more rounds of stimulus spending and increased payouts for expanded social programs.
From the left
The U.S. budget deficit hit $2.8 trillion in 2021, the second highest on record.
The New York Times
From the right
Federal deficit totaled $2.77 trillion in fiscal year 2021, second highest after 2020
Washington Examiner