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Budget watchdog group warns Congress against new deficit spending this year, launches ad campaign

By Nicholas Ballasy

 

The deficit came in at $1.4 trillion for fiscal year 2022, and the national debt is currently $31.3 trillion.

The Committee for a Responsible Federal Budget, a budget watchdog group, says it plans to run public advertisements urging U.S. lawmakers “not to add more new debt” this year.

The group released its first audio ad on Monday.

The budget deficit came in at $1.4 trillion for the fiscal year 2022, which ended Sept. 30, and the national debt has reached $31.3 trillion.

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