Federal government under Biden runs $928,000,000,000 deficit in just 7 months
Fox News
The nonpartisan Congressional Budget Office revealed that the federal government under President Biden has spent nearly $1 trillion in the first seven months of FY2023.
The nonpartisan agency found that in the first seven months of FY2023 alone, the federal government has racked up $928,000,000,000. Houston Keene is a politics writer for Fox News Digital. Story tips can be sent to Houston.Keene@Fox.com and on Twitter: @HoustonKeene
"The federal budget deficit was $928 billion in the first seven months of fiscal year 2023, the Congressional Budget Office estimates—$568 billion more than the shortfall recorded during the same period last year," CBO wrote on Monday.
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