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NEWS AND VIEWS THAT IMPACT LIMITED CONSTITUTIONAL GOVERNMENT

"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Friday, July 14, 2017

GOP Spending Tops $400B for First Time



Thank God The GOP is in Charge
Federal spending at all time high

  • Just imagine what the insane spending would look like if Leftists controlled Congress.


(CNSNews.com) - Real monthly federal spending topped $400 billion for the first time in June, when the Treasury spent a record $428,894,000,000, according to the Monthly Treasury Statement released today.
Prior to June, the record for federal spending in a single month was held by March 2017, when the Treasury spent approximately $392,816,000,000.
In August 2012, the Treasury spent $392,408,410,000 in constant 2017 dollars
As the Treasury was spending a record $428,894,000,000 in June it was taking in approximately $338,660,000,000 in taxes—thus, running a deficit for the month of $90,233,000,000.


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1 comment:

Anonymous said...

Its a Federal American tradition.