USMC - Federal Budget: May Deficit Soars To Almost 3x Above Average
2024-06-14 04:50:00 ET
Summary
- The Federal Government publishes the spending and revenue numbers on a monthly basis.
- This was the second-largest May ever, only behind May 2020 during the very depths of the pandemic.
- On average, May experiences a deficit of -$127B, which makes this year almost 3x larger than typical May deficits.
By SchiffGold
The Federal Government publishes the spending and revenue numbers on a monthly basis. The charts and tables below give an in-depth review of the Federal Budget, showing where the money is coming from, where it is going, and the surplus or deficit....
Federal Budget: May Deficit Soars To Almost 3x Above Average