Wednesday, October 11, 2023

Federal budget deficit reached whopping $1.7 trillion for fiscal year 2023

This is totally insane, unsustainable, irresponsible and reckless!

You wonder why there is high price and wage inflation in the U.S.! We urgently need again e.g. a balanced budget requirement etc.

"... The national debt is currently at a record $33.5 trillion [for comparison annual nominal GDP is about $24 trillion] , according to the latest U.S. Treasury data. ..."

Federal budget deficit reached whopping $1.7 trillion for fiscal year 2023: Watchdog | Just The News

No comments: