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Title: US Spent More Than Double What It Collected In February, As 2024 Deficit Is Second Highest Ever... And Debt Explodes
Source: [None]
URL Source: https://www.zerohedge.com/markets/f ... ficit-second-highest-ever-debt
Published: Mar 12, 2024
Author: Tyler Durden
Post Date: 2024-03-12 21:46:09 by Horse
Keywords: None
Views: 34
Comments: 1

The U.S.' national deficit surged in February as income declined and expenses rose, resulting in the federal government spending more than double what it collected in the month, according to a release from the Treasury Department

According to the US Treasury, in February, the US collected $271 billion in various tax receipts, and spent $567 billion, more than double what ...

The government is running a cumulative deficit of $830 billion so far in FY2024 ($117 billion more than the same period in the prior fiscal year when adjusted ...

Total US Debt March 11 = $34,471,482,665,578.20

Total US Debt Feb 23 = $34,230,783,465,383.28


Poster Comment:

The article is behind their paywall so I found this at Google. Does not look good.

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#1. To: Horse (#0)

Just raise taxes on all taxpayers to 99%, the tax recipients will make it up through increase in sales tax receipts. It was all in Biden's SOTU speech. :)

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2024-03-12   22:08:25 ET  Reply   Trace   Private Reply  


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