U.S. government spending has skyrocketed to 44% of GDP — surpassing even the entire defense budget. What’s driving the surge, and what does it mean for the economy?

Federal Spending Jumps to 44%, Exceeds Military Budget 

U.S. Government Spending Hits 44%, Surpasses Defense Budget

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Federal Spending Jumps to 44%, Exceeds Military Budget

U.S. Government Spending Hits 44%, Surpasses Defense Budget