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US Government Revenues Suffer Biggest Drop Since The Financial Crisis
Saturday, March 11, 2017 2:18
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zerohedge.com / by Tyler Durden / Mar 10, 2017 5:56 PM
On the surface, today’s monthly budget statement was disappointing: in February the US Treasury brought in total receipts of $172 billion, versus outlays of $364 billion, resulting in a decicit of $192 billion, more than tha $190 billion expected (if in line with last year’s $192.6 billion deficit). For the fiscal year through Feb. 28, the total US budget deficit was $349 billion, virtually identical to the $351 billion deficit over the same period in 2016 and set to keep rising this year and for the foreseeable future.
The post US Government Revenues Suffer Biggest Drop Since The Financial Crisis appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/03/10/us-government-revenues-suffer-biggest-drop-since-the-financial-crisis/
