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Friday, May 10, 2019

April Treasury Revenue up 4.9% while Spending Soars 7.6%

My table below shows a "Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government by Month Through April 2019."  

Monthly US Treasury Statement Calculations
  • A staggering 20.6 cents of ever dollar spent so far in fiscal 2019 came from new borrowing!
Year over year change  for April:
  • Monthly revenue (taxes, fees and tariffs) grew 4.9% over 2019
  • Monthly spending grew 7.6% vs 2019
  • The monthly deficit fell 25.2% vs 2019 
  • but year over year the total deficit grew 37.7%!!!
Summary of Receipts, Outlays, and the Deficit/Surplus of the U.S. Government by Month. [$ millions]

The Monthly Treasury Statement summarizes the financial activities of the federal government and off-budget federal entities and conforms to the Budget of the U.S. Government.

FULL Year Summary:


FULL Year Summary Stated as a Family Budget:



You can never have too much data so I process the latest reports to see tax collections, spending and the official deficit behaves without "noise" from the obviously biased MSM "Main Stream Media."

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