US sees $316 billion monthly budget deficit, third-largest in history

The United States Treasury confirmed Wednesday that the federal budget deficit for May hit $316 billion, placing it among the top three largest monthly gaps ever recorded. This comes right after April’s short-lived surplus, which was only made possible by a wave of tax payments that couldn’t hold off the spending flood. So far in […] source: https://www.cryptopolitan.com/us-sees-316-billion-monthly-budget-deficit/