Fiscal 2019 Deficit through March

The U.S. government’s deficit for Fiscal 2019 through March 31st was $693 billion. This is $103 billion more than the first half of of Fiscal 2018.

The deficit for Fiscal 2019 is expected to exceed $1 trillion. Consequently, the overspending for the next six months is expected to be approximately 50% less than the first six months. The tax payments received in April are the primary reason the deficit will be much less, as the Federal government will continue to spend at nearly the same rate as the last six months.

How concerned are you with a deficit that is more than $100 billion greater than last year; a 17.5% increase?

FY 2019 Deficit March.jpg