Giuliano Giacaglia
@giu
The 2023 deficit is increasing significantly. For the first 3 months of 2023, the deficit was a whopping $679 Billion! An increase of 134% over Q1 2022 which was $291 Billion Receipts: $1,023 B vs $1,070 B (-4.4%) Outlays: $1,702 B vs $1,361 B (+25.1%) https://i.imgur.com/uZOCOsd.jpg
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Aman Dhesi
@aman
Insane. How do we bring down inflation if we keep running a massive deficit?! Where is the spending even going?
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Giuliano Giacaglia
@giu
Inflation won’t go down… Seems like most of it is social security, Medicare and the military If the US wants to remain at the top, it needs to control spending https://i.imgur.com/tAehDYG.jpg
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