🚨 BREAKING: The US government deficit hit a massive $1.5 trillion in the first 10 months of FY 2024, according to the Treasury Department.

📅 July alone saw US deficit spending reach a whopping $244 billion.

💰 Key Numbers:

- Total Outlays: $5.6 trillion

- Total Receipts: $5.6 trillion

- Social Security: Largest expenditure at $1.2 trillion

- Net Interest: Second largest cost, exceeding health, Medicare, and national defense expenses

⚠️ Government spending remains at crisis levels.