From National Taxpayers Union Foundation:

Saturday, October 1 marked the beginning of fiscal year (FY) 2023 for the federal government. (Unlike calendar years, federal fiscal years run from October 1 through September 30.)

According to the nonpartisan Congressional Budget Office (CBO), the fiscal year that just closed (2022) is likely yet another year in which the federal government spent $1 trillion more than it brought in.

Congress has approved more than $3.3 trillion in new spending since President Biden took office, according to

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