15 June 2023
The Federal Government ran a deficit last month of $240B. Revenue continues to be at or below levels last year while expenses continue to grow. Figure: 1 Monthly Federal Budget The chart below shows the month of May historically. This is the second largest May deficit ever, falling only behind May 2020 during the peak […]
The post Federal Budget: TTM Deficit Surges by an Incredible $980B YoY first appeared on SchiffGold.