First published by Money Metals Exchange here: https://www.moneymetals.com/news/2022/12/27/congress-gifts-taxpayers-more-debt-002647

Ahead of the Christmas holiday, Congress gave taxpayers the gift of a 4,155-page, pork-laden $1.7 trillion spending bill. It will add to the ballooning $31.4 trillion national debt and hasten the country's lurch toward a fiscal and monetary crisis. The U.S. debt to GDP ratio of 120% already stands at its highest level since the end of World War II. If GDP turns negative again in 2023, as many economists predict, Uncle Sam's debt predicament would become even more dire – especially if borrowing costs continue to rise.