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The Survival Economist: The US Budget Deficit Mushroomed to $209 Billion

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The Survival EconomistPremiered Apr 23, 2022 The U.S. budget deficit mushroomed by 2% last month to $209 billion, another step in a journey back toward 1 trillion dollars a year budget deficits. The Treasury Department announced Wednesday that the federal government but spent a record of $434 billion in November but only took in $225 billion in tax and other revenue. November is the second month of the government’s 2020 budget year. So for the first two months of the Fiscal Year 2020, we have a budget deficit of $414 billion . And away we go! Trump said that the…

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