MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
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Trump Federal Deficit Exploding
By NCD on Sat, 10/06/2018 - 8:12pm |Higher interest rates and/or inflation/mother of all recessions Daggers!
The fiscal 2018 deficit would have been $826 billion had outlays not been affected by shifts in the timing of certain payments, the CBO said. The government’s fiscal year runs from Oct. 1 to the end of September. The 2018 deficit was equal to an estimated 3.9 percent of gross domestic product, up from 3.5 percent the prior year.
URL:
https://www.bloomberg.com/news/articles/2018-10-06/trump-s-first-annual-budget-deficit-seen-as-widest-since-2012?srnd=premium
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