from Hacker News

Federal deficit hit $1.8T for 2024, CBO says

by hhs on 10/8/24, 10:25 PM with 1 comments

  • by chiefalchemist on 10/8/24, 10:49 PM

    > U.S. budget shortfalls fueled by interest costs, Social Security, Medicare

    Interest on the debt is the fourth largest line item behind the defense budget. It interesting how WSJ leaves the DoD out (as its budget is close to half that 1.8T).

    The discussion between Ballmer and Stewart is worth watching.

    https://m.youtube.com/watch?v=PdX3nOo7BCQ