Real 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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Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom and how the Government is taking that away. As an evangelical Christian and Conservative with small "L" libertarian leanings, my fight is with Progressives forcing a collectivized, secular humanistic future upon us. As a TEA Party activist, citizen journalist, and pundit!, my goal is to use the New Media to advance the radical notions of America's Founders back into our culture.
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