https://www.usnews.com/news/busines...udget-deficit-totals-1385-billion-in-november
"The federal government collected a record amount of tax income for the month of November and also had a record level of spending for the month, producing a budget deficit of $138.5 billion, up slightly from a year ago.
The November deficit was 1.4 percent higher than a year ago, reflecting in part higher spending to deal with disaster relief and also higher spending by the Treasury Department on interest payments on the national debt, the Treasury Department reported Tuesday.
For the first two months of this budget year, the budget deficit totals $201.8 billion, up 10.6 percent from the same period a year ago."
The November deficit annualized is = to $1.67 Trillion, and that's before any tax cuts. The current tax cuts are expected to increase the deficits and national debt over the nesxt 10 years by more than $1.5 trillion.
We can't afford these debts especially when our CIC seems determined to start a war.
"The federal government collected a record amount of tax income for the month of November and also had a record level of spending for the month, producing a budget deficit of $138.5 billion, up slightly from a year ago.
The November deficit was 1.4 percent higher than a year ago, reflecting in part higher spending to deal with disaster relief and also higher spending by the Treasury Department on interest payments on the national debt, the Treasury Department reported Tuesday.
For the first two months of this budget year, the budget deficit totals $201.8 billion, up 10.6 percent from the same period a year ago."
The November deficit annualized is = to $1.67 Trillion, and that's before any tax cuts. The current tax cuts are expected to increase the deficits and national debt over the nesxt 10 years by more than $1.5 trillion.
We can't afford these debts especially when our CIC seems determined to start a war.
