McRocket
Gold Member
- Apr 4, 2018
- 5,031
- 707
- 275
- Banned
- #1
'Another month, another frightening jump in the US budget deficit. And this time it was a record.
According to the latest Treasury data, the US budget surplus in February - traditionally the worst month of the year due to tax refunds - was a whopping $234 billion, missing the $227 billion deficit expected, and well worse than the $214 billion deficit recorded last February. And even though there may have been one-time tax refund and government shutdown factors at play, the February deficit was also the biggest budget deficit on record.'
US Budget Deficit Hits A Record $234 Billion As Interest On Debt Soars
https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf
This means Trump's government is on pace for a $1.3 TRILLION deficit.
This is absolutely ridiculous....especially considering this is during - what Trump calls - the 'greatest economy ever'.
According to the latest Treasury data, the US budget surplus in February - traditionally the worst month of the year due to tax refunds - was a whopping $234 billion, missing the $227 billion deficit expected, and well worse than the $214 billion deficit recorded last February. And even though there may have been one-time tax refund and government shutdown factors at play, the February deficit was also the biggest budget deficit on record.'
US Budget Deficit Hits A Record $234 Billion As Interest On Debt Soars
https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf
This means Trump's government is on pace for a $1.3 TRILLION deficit.
This is absolutely ridiculous....especially considering this is during - what Trump calls - the 'greatest economy ever'.