2017 Deficit $666B, Debt increased $700.

[BentBow]

Originally Posted by Finn_Jarber

2017 was the largest deficit since 2013. We'll see how things look in 2018 when the revenues fall further due to the tax cuts.

That 666 is a creepy number....

https://www.usgovernmentspending.com...cit_chart.html

Deficit: The amount by which the government’s total budget outlays exceeds its total receipts for a fiscal year. —US Senate Budget Committee

In FY 2017 the federal deficit was $666 billion. But the gross federal debt increased by $700 billion. Here is why.

Without the Federal Reserve, that cannot happen. 666 is the number of the Fed.

[Vf6cruiser]

Originally Posted by Finn_Jarber

2017 was the largest deficit since 2013. We'll see how things look in 2018 when the revenues fall further due to the tax cuts.

That 666 is a creepy number....

https://www.usgovernmentspending.com...cit_chart.html

Deficit: The amount by which the government’s total budget outlays exceeds its total receipts for a fiscal year. —US Senate Budget Committee

In FY 2017 the federal deficit was $666 billion. But the gross federal debt increased by $700 billion. Here is why.

I hope Trump waits a couple months and unemployment is even lower, and then I hope he cuts government 15% across the board.........imagine the howls of pain......lol....deficit could be knocked out quickly