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Tuesday, December 20, 2016

US Budget Deficit TRIPLES to $137 Billion In November


The U.S. government spent $136.65 billion more than it took in last month, according to the Treasury Department.

November’s increase in the budget deficit was largely due to a quirk in the calendar, according to The Wall Street Journal.

Government data shows the federal deficit in November was more than three times what it was in October. In October, the federal government’s budget deficit was $44.19 billion.

The federal monthly deficit is more than twice the $64.55 billion deficit for November 2015. Federal spending rose 25 percent above November 2015 levels “when some scheduled benefit payments had been recorded instead in October 2015 because Nov. 1 fell on a Sunday,” WSJ reports.

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9 comments:

Anonymous said...

Just write off the China loans ...simple....it's called
smart business > Bankruptcy ch 7

Or just pay it all off tomorrow...since the Govt really
Does have more than enough $$$ to do it......but just cries
poor......

It takes in more than you think in excessive Taxes ...Fact
and has far more than enough to pay it All off.....

Zorro said...

Obama has worked hard and needed another vacation with his transgender wife and adopted government daughters for goodness sake!!

Anonymous said...

While running for Pres. in 2008, Obama said he would reduce the debt in half or he would not run for a second term. Not only did he lie, he doubled it.

Anonymous said...

Liberal Democrats are known for years to tax and spend. Just look it up history will prove that is just fact.

Anonymous said...

Obama and other POTUS have absolutely no control over finances of the illegal corporation called the US government.

It is owned by the international bankers.

Anonymous said...

Us Gov Waisting Billions per Day to pay off this Trillion
Debt Makes No sense.....Just pay it the fuck off or Claim
Bankruptcy .....stop the Waistful spending !!!!

When you have the printing presses running 24/7 why the hell can't you pay off ALL debts , Or why do you have ANY
debts to begin with ??? .....

Money is based on Trust today, NOT on Gold , that was the
old system ....... Fact

Anonymous said...

thanks Obama and democrats. Our kids are screwed.

Anonymous said...

Just Pay it off.....Govt Has the $$$$$ and they Make it
Every day 24/7 !!! Endless $$$$$$$$$$$$$

Anonymous said...

The Trust system took Place of the Gold system

The world needs USA to protect them , (that's the trust)
So US can just print all the $$$ it needs with NO Taxes !!