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Post by avordvet on Jul 7, 2017 4:36:57 GMT -5
So much for getting spending under control... CBO and OMB Agree: Federal Spending Will Top $4T for First Time This YearBy Terence P. Jeffrey, July 6, 2017 12:53 PM EDT (CNSNews.com) - Both the Congressional Budget Office and the White House Office of Management and Budget project that federal spending will top $4 trillion for the first time in fiscal 2017, which began on Oct. 1, 2016 and will end on Sept. 30. In its “Update to the Budget and Economic Outlook: 2017 to 2027” published last week, CBO projected that total federal spending in fiscal 2017 will hit $4,008,000,000,000. www.cnsnews.com/news/article/terence-p-jeffrey/cbo-and-omb-agree-federal-spending-will-top-4t-first-time-year
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