The New CS Board

[jumanji0881]

It's all about the DEBT -

My Comment: I'm expecting the national debt to reach $40Trillion by 2026 as the deficits balloon in the recession. $2Triilion annual deficits.

Big Spending Bill Is A Big Problem For The Fed's Inflation Fight
https://www.zerohedge.com/political/big-spending-bill-big-problem-feds-inflation-fight

Excerpts:
The $1.7 trillion bill will fund government operations for the remainder of fiscal 2023. It includes some $800 billion in domestic spending, a 9.3% increase over fiscal 2022. It also includes $858 billion in military spending, a 10% increase over last year’s levels.

Of course, this is only one component of federal expenditures. In March 2021, Congress approved $1.9 trillion in spending to address the pandemic, and earlier this year, it passed the euphemistically named “Inflation Reduction Act.” All of that spending will pile on top of this most recent allocation of funding.