Wednesday, June 13, 2018

24 37 139 147 174 | U.S. government posts $147 billion deficit in May, June 13, 2018


The U.S. government had a $147 billion budget deficit in May, an increase of 66 percent from the same month last year as the ledger took a hit from declining revenue and higher spending, according to Treasury Department data released on Tuesday.






Treasury reported a budget deficit of $88 billion in the same month last year, the department’s monthly budget statement showed. 

Economists polled by Reuters had forecast the Treasury recording a $144 billion deficit in May. 


88 and 144 are both numbers that represent time.

Spending = 88
Time = 144

U.S. government posts $147 billion deficit in May

fifty states = 147. Fourth of July = 147

Economists caution that the Trump administration’s corporate and individual tax cuts along with an increase in government spending will drive up the country’s deficit despite a robust economy in which the unemployment rate has fallen to an 18-year low. 

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