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U.S. deficit tops half a trillion dollars in the first quarter of fiscal year

m.knox

Well-Known Member
Gold Member
Aug 20, 2003
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For all those lefties complaining about Trump........... lol....

https://www.cnbc.com/2024/01/11/us-...lars-in-the-first-quarter-of-fiscal-year.html

  • For the period from October 2023 through December 2023, the budget deficit totaled just shy of $510 billion, following a shortfall of $129.4 billion in December alone.
  • The deficit has continued to pile up despite the Biden administration’s assurances that the Inflation Reduction Act, in addition to reducing prices, would shave “hundreds of billions” off the deficit.
 
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