#What will happen after Trump takes office?
In Obama’s last fiscal year of 2015, U.S. federal revenue was $3.25 trillion, expenditure was $3.68 trillion, and the fiscal deficit was $430 billion. Then in fiscal year 2024, U.S. federal revenue was $4.9 trillion, expenditure was $6.75 trillion, and the deficit was $1.85 trillion, with more revenue. Spending increased by $3 trillion to $1.65 trillion.
The U.S. Budget Office predicts that if Trump does not extend the tax cuts in fiscal year 2025, the fiscal deficit will be US$1.9 trillion. If the deficit is extended, the deficit may increase by US$400 billion. It will be even higher if he fulfills his promise that tips and social security overtime income will not be taxed. , plus after Trump takes office, he will support the domestic manufacturing industry, and the deficit will definitely double. How will this money come from, how to stabilize the country, interest rate cuts + prosperity currency circle is already a famous brand, so I am firmly bullish, let us Take a look at $BTC over the past 4 years How high can you fly!