Author Topic: Monthly federal deficit hits record high in February of $234 billion  (Read 818 times)

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Online corbe

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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
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Online corbe

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Re: Monthly federal deficit hits record high in February of $234 billion
« Reply #1 on: March 22, 2019, 07:18:28 pm »
   That's almost $8.5B/day more than we are taking in.
No government in the 12,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

Offline jmyrlefuller

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Re: Monthly federal deficit hits record high in February of $234 billion
« Reply #2 on: March 22, 2019, 10:30:26 pm »
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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