Friday, March 24, 2023

U.S. Federal Spending Up 40 Percent Since 2019. Net Interest payments on government debt +70%!

Very concerning! No wonder there is price inflation! This federal profligacy can not go on!

Unfortunately, Cato Institute did a fairly poor job! They should have e.g. compared to a five year moving average instead of a single year like 2019, the last full year of the President Trump administration.

Federal Spending Up 40 Percent Since 2019 | Cato at Liberty Blog



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