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Former presidentish Joe Biden shuffled off into the sunset almost exactly 22 days ago, but his demented legacy of radical overspending, over-borrowing, and overregulating lives on — and the latest Treasury figures are one more glaring example of how deep the hole is the Biden Cabal dug for us.
Look,Iknowthesespendingstoriesmightseemdryandboring,andIfeellikeIlosereaderseverytimeIgetintooneofthem—butthisisrealEndoftheRepublicstuff,asDonaldTrump,ElonMusk,andtheDOGEboysseemtounderstand.Sobearwithmeoncemoreaswestareintotheabyssandhopethatitisnotgazingintous.
“Thetrainisoutofcontrol,”GeigerCapitalwarnedonXonMonday.“ThefirstfourmonthsofFY2025producedadeficitof$838billion.That’s$306billionmorethanthedeficitrecordedinthesameperiodlastfiscalyear.”
KeepyourflashlightonmeasIwalkyouthroughthetallweeds.
Theyear-over-yeardeficitincreasedbymorethanathirdinthelastquarterofBidenomics,andyetrevenuesonlyincreasedbylessthan1%.Washingtonisspendingawholelotofmoneywedon’thavetoalmostzeroeffect,liketransfusingfres
