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."

Kirk Lindstrom's Investment Letter

Don't miss out!

 Subscribe NOW 

And get the May 2019 Issue for FREE!