Special counsel Robert Mueller said in a rare and remarkable public statement Wednesday his investigation could not clear President Donald Trump and that charging the President was not an option his office could consider. read more
The federal government spent $2,573,708,000,000 in the first seven months of fiscal 2019 (October through April), setting an all-time record for real federal spending in the first seven months of a fiscal year, according to data published in the Monthly Treasury Statements.
Dude just couldn't pump it up anymore.
(CNSNews.com) - The federal government spent $1,822,712,000,000 in the first five months of fiscal 2019, the most it has spent in the first five months of any fiscal year since 2009, which was the fiscal year that outgoing President George W. Bush signed a $700-billion law to bailout the banking industry and incoming President Barack Obama signed a $787-billion law to stimulate an economy then in recession.
The big picture: According to Treasury data released Friday, the deficit for the first five months of this fiscal year jumped to $544.2 billion -- a 40% increase from the 2018 fiscal year -- as corporate and individual tax revenues declined following President Trump's $1.5 trillion tax cut package.