Things will get worst with the 2017 tax breaks/givaway and possible trade issues….
The Treasury Department announced on Monday that it had recorded its largest monthly budget deficit in six years in February.
The deficit came in at $215 billion for the month, which came as revenue declined.
The department said fiscal income decreased to $156 billion, which marked a 9 percent drop from last year, while spending came in at $371 billion after it rose 2 percent.
The announcement comes roughly three months after President Trump signed the Republican-backed tax reform plan into law.
Critics of the plan have expressed concerns that the government’s debt would increase under the plan.
The plan is expected to slash federal revenue by over $1 trillion in the next ten years. Congress came to a $300 billion spending deal last month, which could also contribute to deficit growth. …
My Name Is Jack says
Where is the “tea party?”
Scott P says
Same place they were before Jan. 20, 2009
jamesb says
Yup Scoott
jamesb says
It appears that the ‘party’ is split..
Running in two directions….
Lawmakers seem to NOT be hard charging to the left….
Even in blue states