I MISSED THIS ON TUESDAY BUT IT ISN’T LIKE ANYTHING HAS IMPROVED SINCE THEN:
🚨Federal debt explodes on 1st day of the new fiscal year, jumping $204 billion to new record of $35.669 trillion, but it gets worse: Treasury also had to draw down its cash balance by $72 billion – that's over $275 billion in the red FOR JUST ONE DAY: pic.twitter.com/lPgbmiIyzX
— E.J. Antoni, Ph.D. (@RealEJAntoni) October 2, 2024
Something that can’t go on forever will stop.