US budget deficit widens to $208 billion in May

US budget deficit widens to $208 billion in May

The federal government’s budget deficit in May rose to a record $207.8 billion, 41.5 per cent higher than a year ago. The Treasury said that the increase in the May deficit from an imbalance of $146.8 billion in May 2018 reflected the fact that because June 1 fell on a Saturday, benefit payments for June were paid out in May. The deficit totals $738.6 billion for the current budget year.

Simone
Simone
Star Alien
Star Alien 8 months

Conservatives spending like crazy and we get nothing lol.

Grennich
Grennich 8 months

I'm curious how much of this is allocated funds for projects that haven't yet been funded but have had money put aside.

TheWeakMinded
TheWeakMinded 8 months

on the federal level, isnt that rather minor?

Cheri Carter
Cheri Carter 8 months

And Republicans always want to blame Democrats for overspending. So, if a Democrat gets elected in 2020, will the Republicans blame the Democrats for the high debt. My guess is yes. They don't take responsibility for any of the White House problems, why would they start now?

david dindu
david dindu 8 months

need to sell more bombs

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