Another Surprising Fact About Your Government’s Spending, You’ll Be Shocked

Hey, high school seniors! You might not be old enough to vote yet, but that doesn’t mean you can’t stay informed about the issues facing our country.

Did you know that President Biden’s administration has run a near-$1 trillion federal deficit in the first seven months of fiscal year 2023? That’s a lot of money!

The nonpartisan Congressional Budget Office (CBO) released a report revealing this staggering amount. The report shows that revenues were 10% lower and outlays were 8% higher from October through April than they were during the same period in fiscal year 2022.

This means that the Biden administration is spending more money than it’s bringing in, which isn’t a sustainable way to run a country.

As you get ready to enter the workforce or attend college, it’s important to understand how economic policies impact your future. The economy will likely be a major factor in the 2024 election, and it’s essential that voters hold our elected officials accountable for their actions.

It’s time for Americans to wake up to the truth and realize that the Biden administration’s economic policies are not working. We need to elect leaders who will put America first and prioritize responsible economic policies.

Remember, you have the power to make a difference in the future of our country.

So stay informed, keep learning, and one day, you’ll have the power to vote for leaders who will prioritize your future.

Source Fox News