The U.S. government reported a budget deficit of $228 billion in June, a 156% increase from the previous year. Revenues fell by 9% to $418 billion, while outlays rose by 18% to $646 billion
This compares to a June 2022 deficit of $89 billion
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11 sats \ 1 reply \ @runningbitcorn 16 Jul 2023
Links to sources, please. Thanks!
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1 sat \ 0 replies \ @GhostofTruth OP 16 Jul 2023
Sorry, yes of course. Lots of data points available to the desaster:
https://www.npr.org/2023/07/13/1187540763/budget-federal-deficit-nationa-debt-ceiling
https://www.marketwatch.com/story/u-s-budget-deficit-widens-to-227-8-billion-in-june-44f0bde9
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1 sat \ 0 replies \ @OC 16 Jul 2023
Yep it's unraveling pretty fast now isn't it. I think everyone can more or less agree that we are at the end of the current fiat standard experiment. No-one can seem to agree on where we are on the collapse timeline or how bad things currently are, but I think we all agree that our seatbelts should be nice and buckled by now
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