“The U.S. budget deficit is ballooning, reaching $2 trillion this fiscal year, according to the latest figures,” Axios reports.
“That’s the largest deficit since 2021, when the U.S. was climbing out of the pandemic recession.”
“The deficit is being driven in part by the cost of servicing the nation’s enormous debt at a time when interest rates are rising due, in part, to the inflationary impact of the Iran war.”
?Political Trivia
Eight moments in political history. Put them on a timeline.
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Five senators. Three bills. Can you guess how they all voted?
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Nine Justices. One case. How did they rule?
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Do you have your finger on the pulse of America?
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Four questions a day.
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A new game every day.