Government spending eased slightly on a monthly basis though it still far outpaced revenue, according to a Treasury Department statement Wednesday. The deficit totaled just over $307 billion for the month, nearly 2½ times what it was in January and 3.7% higher than February 2024.
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19 sats \ 1 reply \ @grayruby 12 Mar
DOGE has a lot more work to do than they thought. Even if they can cut substantially the budget deficit likely grows because tax revenues are so reliant on a strong market.
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0 sats \ 0 replies \ @028559d218 12 Mar
70% of the federal budget is... social security, medicare, defense and interest. Can doge cut these?
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