The government spending reached $6.9 trillion over the last year, an equivalent of 24.4% of GDP, and exceeded revenues by $2.1 trillion.
CHART OF THE WEEK: US government deficit hit a whopping $2.1 trillion over the last 12 months
CHART OF THE WEEK: US government deficit hit…
CHART OF THE WEEK: US government deficit hit a whopping $2.1 trillion over the last 12 months
The government spending reached $6.9 trillion over the last year, an equivalent of 24.4% of GDP, and exceeded revenues by $2.1 trillion.