Biden Puts America In Massive Debt
Biden is ruining America’s future.
In a shocking new discovery, the Congressional Budget Office (CBO) has found that President Biden has added $83 billion in national debt to the first month of fiscal year 2023. This means President Biden is spending at a rate of $2.7 billion in new debt per day!
This puts the United States on track for another $1 trillion deficit this year.
According to Fox News, While this debt amount is massive, it is still less than the borrowing levels which were seen in first few years of the COVID-19 pandemic.
What’s even worse is that only 7 out of the last 25 months has there been a deficits under $100 billion and 9 out of the last 25 months has seen a deficit of more than $200 billion.
President Biden and the Democrats have been spending recklessly and the national debt is only expected to go much higher. Something needs to be done in order to get these expenses in order fast.
