The Deficit Is Going Down, And So Is Government Spending
June’s budget deficit was $43.1 billion, down from $68.4 billion last June.
For the fiscal year to date, the budget deficit was $970.5 billion compared with $1 trillion the prior fiscal year to date, according to the Treasury’s monthly budget statement.
And government spending is down:
Spending by the government fell 8.4 percent in June from the same month last year to $292.7 billion.Click here for reuse options!
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