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  • Deficit soars as Biden heads out the door

    12/11/2024 8:57:25 AM PST · by ChicagoConservative27 · 19 replies
    msn ^ | 12/10/2024 | Casey Harper
    (The Center Square) – The latest federal numbers show the U.S. deficit is soaring as President Joe Biden heads out of office. The U.S. Congressional Budget Office released its monthly budget review on Monday, which showed that in the first two months of this fiscal year, the federal government has run up a deficit of $622 billion. “That amount is $242 billion more than the deficit recorded during the same period last fiscal year,” CBO said in its report. That figure means the deficit is nearly 40% higher than this time last year. “The most alarming turkey in November was...