The deficit spending crisis is in full-swing.
The US Treasury's budget deficit fell -$23 billion YoY, or -7% in May, to $293 billion.
However, adjusted for the timing of certain government payments that shifted between months, the May deficit would have been +$74 billion larger
The US Treasury's budget deficit fell -$23 billion YoY, or -7% in May, to $293 billion.
However, adjusted for the timing of certain government payments that shifted between months, the May deficit would have been +$74 billion larger