Just Plain Nuts! Record Federal Deficit In May At Top Of Record 119 Month Expansion Cycle

Another month, another frightening jump in the US budget deficit. And this time with a record surge in government spending to boot. According to the latest Treasury data, the US budget deficit in May - not a traditionally high-spending month for the US government - was a whopping $208 billion, missing the $200 billion deficit expected, and well worse than the $147 billion deficit recorded last May.

 

 

 

 

 

 

https://www.zerohedge.com/news/2019-06-12/us-government-spending-soars-all-time-high-deficit-hits-record-month-may

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