$4,155,323,000,000: Federal Spending Sets Record Through August
(Worthy News) – The federal government spent a record $4,155,323,000,000 in the first eleven months of fiscal 2019 (October through August), according to the Monthly Treasury Statement released Thursday.
While spending a record $4,155,323,000,000, the government ran a deficit of $1,067,156,000,000.
The most the federal government had ever spent in the first eleven months of a fiscal year before this one was in fiscal 2018 when the Treasury spent $3,951,247,170,000 (in constant August 2019 dollars, adjusted using the Bureau of Labor Statistics inflation calculator).
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