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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Giuliano Giacaglia
@giu
The tax cuts could cost 3x more than what they first stated! 😮 https://i.imgur.com/v6mdyYa.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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