The Booty Report

News and Updates for Swashbucklers Everywhere

Ahoy! Raise yer grog! The congressional budget be turnin' 50—may it sail smooth, or sink like a treasure chest!

2024-08-09

Ahoy, mateys! Captain Biden's crew tossed a right grim scroll to Congress, sayin' the treasure chest be $1.87 trillion short for 2024! Aye, by year's end, we be swimmin' in a $37 trillion sea of debt! This news be blowin' in on the 50th birthday of the budget law, savvy? Arrr!

Ahoy there, ye landlubbers! Gather 'round as I regale ye with a tale from the treacherous seas of politics! The captain of the good ship White House, one Joe Biden, hath sent a missive to the swabs in Congress, known as the "Mid-Session Review." And let me tell ye, the tidings be as grim as a long night on the open sea!

According to this scallywag's report, the kingdom’s coffers be runnin' dry, with a deficit fer the year 2024 forecasted to be a staggering $1.87 trillion! Aye, and by year's end, the nation's debt be swellin' to a monstrous $37 trillion! Blimey, that be enough doubloons to sink even the mightiest of galleons!

This unfortunate news floated in just a week after the golden anniversary of the act that set sail the congressional budget process. Back in the day, 'twas ol’ Richard Nixon who raised the flag for the Control Budget and Impoundment Act, declaring it a fine day for fiscal responsibility! But alas, here we be, lost at sea with numbers that make even the fiercest pirate weep!

So hoist the sails and brace yerselves, mates! For the storm o' debt be upon us, and we must navigate these treacherous waters with a hearty laugh and a strong rum!

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