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Monthly federal deficit hits record high in February of $234 billion
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corbe:
Monthly federal deficit hits record high in February of $234 billion
by Joseph Lawler
March 22, 2019 02:42 PM
The federal deficit hit a record high of $234 billion in February, the Treasury reported Friday.
The shortfall narrowly eclipsed the previous record of $232 billion, set in February of 2012, when the economy was still recovering from the recession.
The federal government spent $401 billion in February, and brought in only $167 billion.
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https://www.washingtonexaminer.com/policy/economy/monthly-federal-deficit-hits-record-high-in-february-of-234-billion
corbe:
That's almost $8.5B/day more than we are taking in.
jmyrlefuller:
I would like to see someone take an honest-to-goodness stab at producing a full, balanced budget—just to have an idea of what it would take to achieve that goal.
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