The Booty Report

News and Updates for Swashbucklers Everywhere

Arrr, matey! The US treasure chest be lighter by $1.8 trillion—third largest plunder in history, savvy?

2024-10-19

Arrr, mateys! The U.S. treasure chest be lighter by a whopping $1.833 trillion fer fiscal 2024, the highest since the plague o’ COVID! Interest be stackin’ high like a pirate's loot, with Social Security and the fleet’s needs runnin’ wild! Aye, the deficit be growin’ like a barnacle on a ship’s hull!

Avast, me hearties! Gather 'round, fer I be bringin’ ye news o' great misfortune from the shores of the United States, where the coffers be emptier than a shipwrecked galleon! The budget deficit be a towering beast, standin’ at a fearsome $1.833 trillion fer fiscal 2024! Aye, that be the highest score since the pestilence o' COVID struck our sails!

Ye see, the interest on the federal debt be takin’ a mighty toll, surpassin’ the cursed mark o' $1 trillion fer the first time ever. With the likes of Social Security, health care, and our brave military gobblin’ up the doubloons, the Treasury Department be raisin’ the alarm like a cannon blast on the high seas!

This here deficit be a hefty 8% rise from the previous year, addin’ a grim $138 billion to the pile o' treasure we now owe. So, it be the third-largest deficit in the entire annals o' U.S. history, a fate worse than walkin’ the plank! So, hoist yer flags, me mateys, and let us toast to the treasure we’ve lost, for ‘tis a perilous time on the financial waters!

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