The US government’s spending is now exceeding its revenues by over a trillion dollars just eight months into the current fiscal year. The data comes from a newly released Treasury Department report which tracks the government’s receipts and expenses for the 2023 fiscal year, which runs from October 1st, 2022 to September 30th, 2023. According … Continue reading US Deficit Explodes, Surpassing $1,390,000,000,000 As Government Spending Outpaces Revenue: Treasury Department