The United States government has spent almost $1 trillion more than it has taken in income for just the past seven months of the 2023 fiscal year which starts in October.
The Congressional Budget Office (CBO) said $2.68 trillion was taken in taxes, but $3.61 spent, a shortfall of $928 billion.
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- Source: https://www.trustnodes.com/2023/05/09/us-deficit-jumps-by-700-billion
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