With all the chaos and heartbreaking loss of life around the wor

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Avalon - With all the chaos and heartbreaking loss of life around the world today, few noticed the Treasury Department drop a financial bomb: The deficit for fiscal year 2023 was $1.7 trillion, growing 23 percent in a single year as the Treasury used $879 billion just to service the federal debt. But "Bidenomics" means the worst is yet to come, and multi-trillion-dollar deficits are the new normal.

Print Publication Date: 
11/08/2023