Feds end 2024 with $1.8 trillion deficit; national debt nears $36 trillion.

www.thecentersquare.com

Feds end 2024 with $1.8 trillion deficit; national debt nears $36 trillion.

www.thecentersquare.com

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News@lemmy.worldEnglish · 3 months ago

Feds end 2024 with $1.8 trillion deficit; national debt nears $36 trillion

www.thecentersquare.com

(The Center Square) – The federal government spent $1.8 trillion more than it collected in tax revenue in fiscal year 2024, according to figures released Friday by U.S. Treasury Department.

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zbyte64@awful.systems
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3 months ago
Deficit spending puts more money in the economy than it takes out, too bad most of it is going to the already wealthy

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