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US Government Revenues Suffer Biggest Drop Since The Financial Crisis

Saturday, March 11, 2017 2:18
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(Before It's News)

zerohedge.com / by Tyler Durden / Mar 10, 2017 5:56 PM

On the surface, today’s monthly budget statement was disappointing: in February the US Treasury brought in total receipts of $172 billion, versus outlays of $364 billion, resulting in a decicit of $192 billion, more than tha $190 billion expected (if in line with last year’s $192.6 billion deficit). For the fiscal year through Feb. 28, the total US budget deficit was $349 billion, virtually identical to the $351 billion deficit over the same period in 2016 and set to keep rising this year and for the foreseeable future.

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The post US Government Revenues Suffer Biggest Drop Since The Financial Crisis appeared first on Silver For The People.



Source: http://silveristhenew.com/2017/03/10/us-government-revenues-suffer-biggest-drop-since-the-financial-crisis/

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