Monday - Friday, 1:00 - 2:00 PM ET The explosion of the budget deficit was one of the most worrisome things that happened post-Covid. While inflation peaked in 2022, the deficit kept getting worse because of the "fiscal doom loop" caused by bloated spending and higher interest rates. At this time last year things were still looking extremely grim. The deficit was stuck around $2.1 trillion on a rolling 12-month basis, or 7.3% of GDP--the largest non-emergency deficit we've ever had . And the10-

Tag-uri: Inflatie Coronavirus