🚨 Dollar printers will be working overtime in the coming years.
U.S. government spending is projected to reach 24.2% in 2024, well above the 21.1% average since 1984.
With lower revenue, a larger deficit is expected in 2024 compared to its average.
We're talking about a nominal deficit of $1.9 trillion, the largest since 2021 in response to the pandemic.