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June 2019 - 8chan Transparency Report
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File: 510cc8028128d8a⋯.jpg (77.8 KB, 789x643, 789:643, spendch2.jpg)

 No.244232

The federal government spent a record $3,355,970,000,000 in the first nine months of fiscal 2019 (October through June), according to the Monthly Treasury Statement released today.

Prior to this fiscal year, the most the federal government had ever spent in the October-through-June period was in fiscal 2018, when the Treasury doled out $3,199,795,700,000 in constant June 2019 dollars. Before last year, the most the federal government had ever spent in the first nine months of the fiscal year was in fiscal 2009, when it spent $3,176,577,910,000.

Fiscal 2009 was the year that President George W. Bush signed the Troubled Asset Relief Program legislation to bailout failing banks and President Barack Obama signed the American Recovery and Reinvestment Act, his economic stimulus plan.

Total federal tax revenues in the first nine months of fiscal 2019 hit $2,608,855,000,000. That was more than the $2,582,688,760,000 in total tax revenue (in constant June 2019 dollars) that the Treasury collected in the first nine months of fiscal 2018, but less than the record $2,626,410,840,000 (in constant June 2019 dollars) that the Treasury collected in total tax revenues in the first nine months of fiscal 2015.

more here:

https://www.cnsnews.com/news/article/terence-p-jeffrey/3355970000000-federal-spending-sets-record-through-june-deficit-hits



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