Birdwatch Note Rating
2023-08-17 06:10:52 UTC - HELPFUL
Rated by Participant: AAAE4A1E5ED08EBE1DFDA12A95B34186887A324EA0522D6FC82D392A29ACC317
Participant Details
Original Note:
This statistic is doesn't account for emergency spending. Deficit spending in the year prior to pandemic was $891M (2012 $). Current deficit estimate is over $900M, with spending remaining $6-800M over pre-pandemic. Tax income remains at record high levels, beginning 2021. https://www.taxpolicycenter.org/statistics/federal-receipt-and-outlay-summary
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