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Offline rangerrebew

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Alarming report shows US drowning in red ink — as Democrats block spending cuts
« on: February 16, 2025, 09:17:26 am »

 Alarming report shows US drowning in red ink — as Democrats block spending cuts
Opinion by Post Editorial Board • 3h

Incompetent or crooked? Elon Musk exposing Washington’s rotten system
The federal government is racing toward a fiscal cliff, with a new report citing a mind-numbing $838 billion cash shortfall just for the first four months of the fiscal year.

Yet Democrats are losing their minds over Team Trump’s efforts to trim fat and waste. Do they want the Uncle Sam to go belly up?
 
Per the nonpartisan Congressional Budget Office, that $838 billion hole is a whopping 15% higher than last year’s October-through-January gap.

Some of the jump reflects timing shifts for certain payments. But even adjusting for that, this year’s hole still runs to $750 billion.

https://www.msn.com/en-us/money/other/alarming-report-shows-us-drowning-in-red-ink-as-democrats-block-spending-cuts/ar-AA1z9ecx?ocid=msedgdhp&pc=HCTS&cvid=d4ca3463cf7d4019a2ef05ccdfca9e82&ei=13
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