mattaroo on Nostr: February spending was a record setter. The month’s federal accounts showed total ...

February spending was a record setter. The month’s federal accounts showed total revenues of $296 billion. But expenses were twice as much, leaving a deficit of $307 billion. As far as we know, this is the first time that the feds have spent more than two times what they received. For every dollar of revenue, they spent two dollars and change.