WASHINGTON—The U.S. budget deficit totaled $863 billion in June, nearly as much as the entire gap for fiscal year 2019, as federal spending tripled to combat the coronavirus pandemic and tax revenues plunged, the Congressional Budget Office said Wednesday.
Outlays soared to $1.1 trillion last month, nearly half of which went to emergency small-business loans under the Paycheck Protection Program, CBO estimated. Congress enacted the law in March to help small companies meet payroll expenses and keep workers attached to their...
Overspending typically happens with a divided government or with democrat control.
If a dem were in office it would be worse we have a republican business man in office and y’all complaining about the business side of things? I could see case numbers but not money issues!!!
Consumer Price Index for June will be released on July 14th. Rise of the index is expected.
Tell me more about how Democrats are the fiscally irresponsible party
Majority of Trump spending has gone to keeping the Stock Market up, so the rich can get richer, along with his own family. And Gopers are fine with it.
But stonkssss
Goodbye republican ideals!!
The flood of debt and money was always part of the 3rd seal of Armageddon.
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