US Government Records Higher-Than-Expected Budget Deficit to Kick Off Fiscal Year 2024

https://www.theepochtimes.com/article/us-government-records-higher-than-expected-budget-deficit-to-kick-off-fiscal-year-2024-post-552864

"This is a debt death spiral, where, as you borrow more, you now have a larger debt balance, which means you have to pay more interest, which means you have to borrow more, and you're right back where you started.“