$5,630,859,000,000: Federal Spending Has Already Set Annual Record… $2,807,295,000,000 Deficit Highest Ever… | WHAT REALLY HAPPENED

$5,630,859,000,000: Federal Spending Has Already Set Annual Record… $2,807,295,000,000 Deficit Highest Ever…

The federal government set records for the amount of money it spent and the size of the deficit it ran up in the first ten months of fiscal 2020 (October through July), according to data released today in the Monthly Treasury Statement. -- In fact, the $5,630,859,000,000 the federal government spent in the first ten months of this fiscal year is more than the government has ever spent in any previous full fiscal year.

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