Discover and read the best of Twitter Threads about #budget2024

Most recents (2)

1/13
📣 Thread on the recent debt ceiling deal between President Biden and Speaker Kevin McCarthy. The agreement brings new details to light. Do you agree or disagree with the deal? Here's a non-biased breakdown of the key components. 👇 #DebtCeiling #Biden #McCarthy Image
2/13
The cornerstone of the agreement is a two-year suspension of the debt ceiling, allowing the government to continue borrowing and pay its bills on time, if Congress passes the agreement by June 5th. #DebtCeiling #Congress Image
3/13
In exchange for suspending the limit, Republicans demanded policy concessions from Mr. Biden, such as limits on federal discretionary spending growth and new work requirements for certain food stamps and Temporary Aid for Needy Families program recipients. #PolicyChanges Image
Read 14 tweets
⭐️#US Budget 2024 FY
Between 2024 and 2033, spending would total $82.2 trillion (24.8 percent of #GDP), revenue would total $65.2 trillion (19.7 percent of GDP), and budget #deficits would total $17.1 trillion (5.1 percent of GDP)
And the #Ukraine, 51st State of US- $ 6 Billion
1. The deficit would rise from $1.4 trillion (5.5 percent of GDP) in FY 2022 to $1.6 trillion (6.0 percent of GDP) in 2023 and to $1.8 trillion (6.8 percent of GDP) in 2024.
#USA #budget2024
whitehouse.gov/omb/briefing-r… Image
2. The President's budget is built based off OMB's ten-year economic forecast, which is somewhat rosier than other forecasts. Under the budget, OMB projects 4.3 percent Consumer Price Index (CPI) inflation in calendar year (CY) 2023, /n https://www.crfb.org/blogs/...
Read 4 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!