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 The post US Deficit Explodes, Surpassing $1,390,000,000,000 As Government Spending Outpaces Revenue: Treasury Department appeared first on The Daily Hodl .
