Federal deficit hit $1.8T for 2024, CBO says

2 pointsposted 14 hours ago
by hhs

1 Comments

chiefalchemist

14 hours ago

> U.S. budget shortfalls fueled by interest costs, Social Security, Medicare

Interest on the debt is the fourth largest line item behind the defense budget. It interesting how WSJ leaves the DoD out (as its budget is close to half that 1.8T).

The discussion between Ballmer and Stewart is worth watching.

https://m.youtube.com/watch?v=PdX3nOo7BCQ