US Debt Even More Out of Control Than Usual
$233 Billion in just one month! The shortest damn month in the year nonetheless. Mainly due to a 20% drop in corporate tax revenue and a boost in BS government spending so far this fiscal year.
The fiscal gap in 2018 was only $215.2 Billion. February’s shortfall helped push the deficit for the first five months of the USA fiscal year to $544.2 billion, up almost 40 percent from the same period the previous year!!! 40% in just 1 year...no wonder the Fed is running for the hills.