February 14, 2020
“The federal government set records for both the amount of taxes it collected and the amount of money it spent in the first four months of fiscal 2020 (October through January), according to data released today in the Monthly Treasury Statement.… Continue Reading…
January 15, 2020
“The federal government spent a record $1,163,090,000,000 in the first three months of fiscal 2020 (October through December), according to the Monthly Treasury Statement released Monday afternoon. That was up $48,008,200,000 from the $1,115,081,800,000 (in constant December 2019 dollars) that the… Continue Reading…
September 24, 2019
“The New York Federal Reserve Bank said Friday it will inject billions into the US financial plumbing on a daily basis for the next three weeks in an effort to prevent a spike in short-term interest rates. The Fed will… Continue Reading…
August 26, 2019
“The federal government will rack up $12.2 trillion in deficits through 2029, according to a new projection from the nonpartisan Congressional Budget Office (CBO), an $809 billion increase from its last projection in May…” https://thehill.com/policy/finance/458232-deficits-to-exceed-12-trillion-through-2029-cbo
June 12, 2019
“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… Continue Reading…
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