U.S. federal deficit balloons to $1.8 trillion under Biden-Harris, the third-largest deficit in history

Don't forget to praise the policies of the brain dead Biden administration.--The fiscal 2024 deficit, which ended on September 30th, 2024, surged by 8% from 2023’s $1.695 trillion, driven by escalating interest costs and increased government spending. Over the nearly four years of the Biden-Harris administration, total federal debt has risen significantly, now standing at approximately $33.5 trillion, raising concerns about long-term economic sustainability. The deficit's growth reflects a broader trend of rising government expenditures outpacing revenues, with total outlays for the fiscal year climbing to $6.752 trillion, up 10% from the previous year. -https://mxmnews.com/article/967424cd-6cf3-4a11-be0c-a4f2fac85d48

Due to the Trump tax cuts for big corporations and billionaires, which have remained in effect since 2018.

 

Lack of government revenue causes deficits, idiot fuckface David.

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