Federal Spending Hits Highest Level Since Bank Bailout and Obama Stimulus
By Terence P. Jeffrey, March 26, 2019 12:01 PM EDT
(CNSNews.com) - The federal government spent $1,822,712,000,000 in the first five months of fiscal 2019, the most it has spent in the first five months of any fiscal year since 2009, which was the fiscal year that outgoing President George W. Bush signed a $700-billion law to bailout the banking industry and incoming President Barack Obama signed a $787-billion law to stimulate an economy then in recession.
At the same time that federal spending was hitting this ten-year high, federal tax revenues in the first five months of the fiscal year were hitting a four-year low of $1,278,482,000,000.
According to the Monthly Treasury Statement for February, the Treasury spent $1,822,712,000,000 in the five months from October 2018 through February 2019, the first five months of the federal fiscal year.
iprazhm: “I absolutely believe that in this country if you are 18 years of age, you should not be able to buy a rifle, and I will support a law that takes that right away,” U.S Senator Marco Rubio Fl qz.com/1213296/parkland-florida-shooting-fou
May 16, 2019 18:56:09 GMT -5
avordvet: If a citizen is old enough to carry a rifle in the military service, then they are old enough to buy/own a weapon and exercise their god-given natural right to self-defense.
May 21, 2019 4:37:28 GMT -5
iprazhm: I have come to believe that God placed Trump in office to help Israel, and nothing else. He is clearly not there to secure the republic or promote decency. Only when the people return to serving Christ, will our country return to being great again.
Jun 1, 2019 18:15:16 GMT -5
avordvet: Welcome thomas
Aug 12, 2019 14:49:27 GMT -5
avordvet: Welcome cloudbound1
Aug 16, 2019 4:01:08 GMT -5
walfred: Threat level-HIGH....Level of Readiness-MAXIMUM
Oct 7, 2019 1:54:10 GMT -5
iprazhm: Invaluable information.
Mar 23, 2020 14:40:22 GMT -5
avordvet: Welcome phatday3
May 19, 2020 4:12:22 GMT -5
rashi72: Too many people are raising heck about the riots in Portland, Oregon. President Trumps intervention is right where it needs to be and is in line with the law!
Jul 26, 2020 12:46:49 GMT -5
walfred: We Patriot's have won so far.But,It's always darkest before the Dawn.Forward Patriots,til' Dawns early light.Where we go one,we go all!God is with us!
Oct 5, 2020 1:53:32 GMT -5
eric: What are you old timers talking about these days.... ive been down but never out hope all is well ...
Oct 9, 2020 14:19:39 GMT -5
dragon: Some of us old timers are almost out of hope, cant have a shootout with the covid virus
Dec 2, 2020 23:17:59 GMT -5
avordvet: Welcome prychlicki and srych
Jan 10, 2021 4:39:33 GMT -5
avordvet: Welcome tjnovo422
Jan 13, 2021 4:58:32 GMT -5
avordvet: Welcome wellhell1
Feb 10, 2021 16:46:48 GMT -5