In 2024 FYTD, the U.S. federal government has collected 1.86 trillion USD in revenue and spent 2.68 trillion USD. And it’s the election year.
Cumulative spending looks like this
The government spending
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21 sats \ 6 replies \ @ch0k1 12 Mar
And that's only the official data! I truly believe it'san orders of magnitude more than that 💰
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0 sats \ 5 replies \ @oliverweiss OP 12 Mar
What makes you think that? I mean I have zero trust in the governments but faking that big numbers would not be easy, I guess.
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10 sats \ 4 replies \ @ch0k1 13 Mar
Lol 🤣 they managed to spam a fake COVID data for 3 years so why do you think the can't fake the "big numbers"? 🤔
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0 sats \ 1 reply \ @Bell_curve 13 Mar
The annual budget will never reach pre COVID level.
COVID created a new baseline for spending
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0 sats \ 0 replies \ @oliverweiss OP 13 Mar
I would say covid accelerated the spendings. Check this nice post by @BitcoinIsTheFuture.
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0 sats \ 1 reply \ @oliverweiss OP 13 Mar
Yeah, I better don’t start the discussion about covid as I have a strong feeling that this would not end well :)
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21 sats \ 0 replies \ @ch0k1 13 Mar
If the feeling is so strong then don't 🤝
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0 sats \ 0 replies \ @Coinsreporter 15 Mar
It's pretty clear they aren't adding for the POTUS EXPENSES. OTHERWISE, IT would be much more thatn it is currently
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0 sats \ 0 replies \ @riberet19 13 Mar
Deficit and more deficit.
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0 sats \ 2 replies \ @Coinsreporter 13 Mar
That's good to see that they have spend more on health and social security
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1 sat \ 1 reply \ @Bell_curve 13 Mar
Health is deceptive. The biggest health expense is Medicaid which is insurance for the indigent. Many if not most doctors do not accept Medicaid because the reimbursement rate is lower than private insurance. The subpar quality of Medicaid recipients is another reason for not accepting it
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0 sats \ 0 replies \ @Coinsreporter 13 Mar
You mean to say that they are wasting it here and they should apply it to other categories?
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0 sats \ 0 replies \ @Bell_curve 13 Mar freebie
Is income security a new word for welfare or unemployment insurance?
They renamed Medicaid as health
0 sats \ 0 replies \ @OriginalSize 13 Mar
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