The 2023 deficit is EXPLODING!
— TheHappyHawaiian (@ThHappyHawaiian) April 12, 2023
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%)
Lower revenue and higher spending! pic.twitter.com/vtPt9EixX5