US budget deficit hit $234 billion in February, a new monthly record

[Yongpeng Sun-Tastaufen]

https://www.cnn.com/2019/03/22/politics/treasury-february-budget-deficit-record-high/index.html

Washington (CNN)The US logged its biggest monthly fiscal gap ever last month.

The budget widened to $234 billion in February, the Treasury Department announced on Friday, compared with a monthly shortfall of $215.2 billion a year earlier.
Last month's budget gap helped push the US government's budget deficit up 39% to $544 billion for the first five months of the fiscal year as federal spending ballooned and revenue mostly stayed the same.

The widening budget gap comes as President Donald Trump's $1.5 trillion tax cut
package has weighed on tax receipts and raised concerns about the country's rising debt, which stands at more than $22 trillion.
Federal Reserve Chairman Jerome Powell warned earlier this week that "deficits matter," saying the country's fiscal stance need to be addressed.
This month's budget report was delayed by a week due to the 35-day partial government shutdown, which ended in January.
The federal government spending on health programs and defense rose 9% to $1.8 trillion for October to February period, while revenues from taxes and elsewhere fell less than 1% to $1.28 trillion.
Deficits typically spike in February, because that's when Treasury begins to send out tax refunds to individuals and corporations.
Treasury said that part of the reason the deficit rose was due to the timing of certain payments.
Agriculture and transportation programs were big drivers of spending in February, which rose 24% and 32%, respectively, compared to the same period last year.

 

[Yaseen1]

u.s is declining power .Their civilization is near end

 

[Yongpeng Sun-Tastaufen]

u.s is declining power .Their civilization is near end

You just wait till Democrats spend 100 trillion on useless solar panels. Ha! That'll finish off America.

 

[M.Bison]

Unfortunately, American decline in power is not something to take lightly. Remember what happened last time when a tyrannical empire started to lose power? More than 70 million people died and that was before nuclear weapons and evangelical Christians. The more power America loses the more paranoid and bipolar it will become. That is why people like trump get elected. He changes his mind every single day. yesterday North Korea was the enemy today its the friend. Tomorrow he might wake up and launch weapons onto china or Russia. These are very testing times.

 

[Yongpeng Sun-Tastaufen]

Unfortunately, American decline in power is not something to take lightly. Remember what happened last time when a tyrannical empire started to lose power? More than 70 million people died and that was before nuclear weapons and evangelical Christians. The more power America loses the more paranoid and bipolar it will become. That is why people like trump get elected. He changes his mind every single day. yesterday North Korea was the enemy today its the friend. Tomorrow he might wake up and launch weapons onto china or Russia. These are very testing times.

Democrats would probably threaten to nuke China and India if they do not rocket CO2 into space. Scary times ahead.

 

[AZADPAKISTAN2009]

US deficit is over spending and not paying down debt buying more then you make

 

[M.Bison]

Democrats would probably threaten to nuke China and India if they do not rocket CO2 into space. Scary times ahead.

Yeah, we sure are. If you look into who is behind the CO2 tax and the green movement. I think you will be surprised. It is going to be both republicans and democrats. See corporations that want this will donate to both sides of the political spectrum.
There are only 2 political parties and both of these parties are run by cooperations. The people are just sheep being corralled into the right or left. This is why congress and traditional media's ratings are so low. The right vs left debate in America is a big myth and it doesn't matter who is elected.

 

[Yongpeng Sun-Tastaufen]

Yeah, we sure are. If you look into who is behind the CO2 tax and the green movement. I think you will be surprised. It is going to be both republicans and democrats. See corporations that want this will donate to both sides of the political spectrum.
There are only 2 political parties and both of these parties are run by cooperations. The people are just sheep being corralled into the right or left. This is why congress and traditional media's ratings are so low. The right vs left debate in America is a big myth and it doesn't matter who is elected.

Democrats take drugs. Marijuana. They have mental disease. They hate CO2. They want to get rid of CO2. WW3 will be fought over CO2. Between those want to get rid of it. Democrats. And those who want to preserve it. Republicans and the rest of the world.

 

[M.Bison]

Democrats take drugs. Marijuana. They have mental disease. They hate CO2. They want to get rid of CO2. WW3 will be fought over CO2. Between those want to get rid of it. Democrats. And those who want to preserve it. Republicans and the rest of the world.

Yeah maybe who knows what's going to happen tomorrow. I think the world has worse things to deal with then CO2 currently. There are currently two nations that have elected known terrorists as leaders and unfortunately they both have nuclear weapons. So, before we get to wars over CO2 I think the world needs to unite and dethrone these people.