Federal Reserve Chairman Janet Yellen, referencing the Congressional Budget Office's long-term budget projections, told the Joint Economic Committee of Congress today that under current policies the federal government’s deficits “will rise to unsustainable levels.”
(Worthy News) - The federal debt increased by $1,271,158,167,126.72 in fiscal 2018, according to data released today by the Treasury.
The total federal debt started the fiscal year at $20,244,900,016,053.51 according to the Treasury, and finished the fiscal year at $21,516,058,183,180.23.
The federal fiscal year runs from October 1 through September 30. [ Source: CNS News (Read More...) ]
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