The 2023 deficit is increasing significantly. 

For the first 3 months of 2023, the deficit was a whopping $679 Billion!

An increase of 134% over Q1 2022 which was $291 Billion

Receipts: $1,023 B vs $1,070 B (-4.4%)
Outlays: $1,702 B vs $1,361 B (+25.1%) 

And the USA government keeps increasing spending! If the US keeps moving in the same direction, the outlook won’t be any good 

The tax cuts could cost 3x more than what they first stated! 😮 

Insane. How do we bring down inflation if we keep running a massive deficit?! Where is the spending even going?

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