Federal Deficit Widens Setting the Stage for Political Rumble

Federal Deficit Widens 170% From 2022, Setting The Stage For Political Rumble Story by Piero Cingari • Yesterday 4:13 PM The cost of managing U.S. government debt has seen a significant rise of 25% in the first nine months of the fiscal year, hitting $652 billion and consequently exacerbating the federal deficit. The federal deficit reached a staggering $1.39 trillion for the nine months through June, according to Treasury Department data. This represents a dramatic 170% increase when compared to the same period last year, Bloomberg reports. Political Tussles On The Horizon The expanding deficit could potentially feed into the Republican legislative agenda…