In the fiscal year 2023, the U.S. budget deficit reached $1.695 trillion, a 23% increase compared to the previous year. The main reasons for this are a decrease in revenues and increased spending on Social Security and Medicare programs. Additionally, federal debt costs have risen due to high interest rates1.
The high deficit is expected to intensify the political battle between President Joe Biden and the Republicans in the House of Representatives, especially around the issue of the debt ceiling and demands for budget cuts1.
To my great joy, Donald Trump is a shrewd and patriotic businessman who can change the situation and reduce the debt significantly!
What do you think about the current economic situation in the U.S.? Share your thoughts in the comments!
The first Military Recital of The U.S. Army Band 2024 Tuba-Euphonium Workshop featured the works of Astor Piazzolla, Samuel Coleridge-Taylor, Sam Pilafian, Eleanor Brimblecombe, Jinnawat Mansap, James Barnes, and Carl Höhne played by MU1 Daniel Mentzer, MU1 Michael Fleming, the 25th Infantry Division “Tropic Lightning” Tuba/Euphonium Quartet, SSG Marc Placencia, and MU1 Andrew Lyster. #NavyBand #GoNavy #ArmyBand #GoArmy #TropicLightning #Quartet #MilitaryMusic #Euphonium #Tuba #TEW2024 #TEW #Music
We lit up on Instagram today when all is connected and we'll met with security we have a great program / we had to delay my new writi g project / once again my special forces trainer hacker nemesis got me to get dirt nasty on voicemail and before we did Alexander made the money as Master Chief General Alexander application US ARMY!
#USArmy Wins! Incredible game. Proud of West Point - The U.S. Military Academy, Army West Point Athletics, Army Football, and we salute the United States Naval Academy for a hard-fought game. #ArmyNavyGame #GoArmy #BeatNavy CBS Sports https://www.instagram.com/p/CmBadfYOT0r/?igshid=NGJjMDIxMWI=
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Happy Veteran's Day, you bunch of degenerates! Enjoy your free donuts at Dunkin. Tell them, "The Hand" sent you. Nobody will know what that means, but you will. You'll know. Thank all you Veterans for your service! @dunkin #veteransday #goarmy #goarmyreserve (at Raleigh, North Carolina) https://www.instagram.com/p/Ck1UCgIuJMO/?igshid=NGJjMDIxMWI=