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Monthly federal deficit hits record high in February of $234 billion
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corbe
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Monthly federal deficit hits record high in February of $234 billion
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March 22, 2019, 03:17:29 pm »
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.
<..snip..>
https://www.washingtonexaminer.com/policy/economy/monthly-federal-deficit-hits-record-high-in-february-of-234-billion
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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.
corbe
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Re: Monthly federal deficit hits record high in February of $234 billion
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Reply #1 on:
March 22, 2019, 03:18:28 pm »
That's almost $8.5B/day more than we are taking in.
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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.
jmyrlefuller
J. Myrle Fuller
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Re: Monthly federal deficit hits record high in February of $234 billion
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Reply #2 on:
March 22, 2019, 06:30:26 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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Monthly federal deficit hits record high in February of $234 billion