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Reply To: Request for Comm. Fox re: Presentation

#5043
Andy Fox
Participant

    Commissioner Jackson

    The forum won’t allow for uploads. I encourage you to review this webpage, which serves as a basis for my presentation:
    https://www.cbo.gov/publication/60419

    In short in FY 2023 the US govt. had $4.441 T in revenue. Given the outlays of SocSec, Major Health, Fed retirement benefits, debt service, and Defense spending, the US govt. was $20 B in the red. All spending after those items is borrowed money.

    Also, I will be relying on http://www.usdebtclock.org, if time allows.