‘Debt ceiling increase = inflation increase = Federal Reserve Interest rate hikes = higher mortgage & car loan costs = higher food/gas prices = decrease in wage value… It’s all connected. If Gov’t spending isn’t cut, your family’s spending will be’

Listen up pic.twitter.com/BrgWo4fCWX

— Brandie with a 🐝 (@BrandieWithABee) May 25, 2023

Government spending is up 55% since 2019 and we have 1% GDP growth. pic.twitter.com/PEZ59Codee

— Dan Collins (@DanCollins2011) May 24, 2023

https://twitter.com/bagholdingbear/status/1661434652303785994

CNN fact checks far-left Democrat Rep. Pramila Jaypal's attempt to dismiss polling which shows a majority of Americans want spending cuts pic.twitter.com/HkIVXIqnvn

— RNC Research (@RNCResearch) May 25, 2023

Debt Explodes Under Alternative Scenarios

The Congressional Budget Office’s (CBO) new ten-year budget projections estimate that debt will reach a record 119 percent of Gross Domestic Product (GDP) by the end of Fiscal Year (FY) 2033, and the reality could be far worse if lawmakers extend various provisions, based on new estimates from CBO.