U.S. Deficit Hits Record $1.1 Trillion In First 5 Months Of 2025 As February Taxes Failed To Cover Even Half Of Spending
March 13th, 2025Via: ZeroHedge:
First the good news: Elon Musk’s DOGE is going through government spending with a fine-toothed comb, slashing a million here, a billion there.
The bad news: at the rate it is going, DOGE will need a few hundred years to make a tangible impact, because as the Treasury just reported, in February the US government spent a staggering $603 billion, a 6% increase from the $567 billion a year ago…
