Fiscal policy expert Paul Winfree has been tracking the monthly budget numbers this year and they are truly dismal. As we near the end of fiscal year 2023 the budget deficit is likely to be $2 trillion – one of the highest ever. As the chart below shows, the red ink is likely to be roughly $1 trillion HIGHER than last year. These results are a financial disgrace and more evidence that Biden is vying to be the most fiscally reckless president in U.S. history.
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Remember When Biden Claimed to Have Cut the Deficit by $1.7 Trillion? Never Mind!
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