Thursday, June 13, 2019

Federal Spending Tops $3 Trillion Through May for First Time; Deficit Hits $738 Billion


By CNS News, June 12, 2019

(CNSNews.com) - For the first time in the history of the United States, the federal government has spent more than $3 trillion in the first eight months of the fiscal year, according to the Monthly Treasury Statement released today.

The record $3,013,541,000,000 that the federal government spent in October through May of fiscal 2019 was $181,157,920,000 more than the previous record of $2,832,383,080,000 (in constant May 2019 dollars) that the federal government spent in October through May of fiscal 2009.
Read More: https://www.cnsnews.com

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