The US government has spent an alarming $6.7 trillion over the last 12 months.
— The Kobeissi Letter (@KobeissiLetter) August 7, 2023
This is up 14% since last year and just shy of the $7.6 trillion record during 2020.
We are now spending just $900 billion less than a period when $4 trillion was handed out.
The worst part?
Over… pic.twitter.com/cuYZHhofxO
Says volumes on the mood of the country as our CEO’s father rolls in his grave
https://twitter.com/John_Kass/status/2095574316330938380