Data Point – Federal spending breaks $400 Billion / month

by Skip

400_billion-month-chartReal monthly federal spending topped $400 billion for the first time in June, when the Treasury spent a record 428,894,000,000, according to the Monthly Treasury Statement released today. Prior to June, the record for federal spending in a single month was held by March 2017, when the Treasury spent approximately $392,816,000,000.

As the Treasury was spending a record $428,894,000,000 in June it was taking in approximately $338,660,000,000 in taxes—thus, running a deficit for the month of $90,233,000,000.

$4 Trillion? $400 Billion? It’s all our money they are spending “on our behalf” because SHUT UP even as the Trump Administration just announced that the Federal Deficit will now go over $700 Billion this year.

(H/T: CNSNews)

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