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Not sure I believe this. The overall national debt has gone up $500 billion over the past 3 months.
Whoops, I forgot to add that back.Which begs the question, by how much would the debt increased without the alleged drop of 5%?
I agree with your edited response; we need verification.
I've seen that number reported in the MSM without clarification. Just for illustration though spending can drop while the debt goes up if the government just sits on the cash that was budgeted for something but the payments weren't made.Not sure I believe this. The overall national debt has gone up $500 billion over the past 3 months.
This needs to be verified. This would be great if true.
The OP is referring to a drop in federal spending between the first quarter of 2025 and the last quarter of 2024. This seems to correlate with Biden's accelerated spending in the prior quarter, and it would explain the corresponding drop in GDP during the latter quarter.Someone is lying...
The OP posted a typed message from "X", proving nothing.The OP is referring to a drop in federal spending between the first quarter of 2025 and the last quarter of 2024. This seems to correlate with Biden's accelerated spending in the prior quarter, and it would explain the corresponding drop in GDP during the latter quarter.
The chart you posted is both misleading and irrelevant to this discussion.
Has zero to do with the report.Someone is lying...
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Despite Trump's promised cuts, U.S. spent more than $200 billion more in first 100 days than last year
Despite President Trump's promise of cuts, the federal government has spent more than $200 billion more in his first 100 days than the same time period last year.www.cbsnews.com
~~~~~~Which begs the question, by how much would the debt increased without the alleged drop of 5%?
I agree with your edited response; we need verification.