$6,551,872,000,000: Federal Spending Smashes Record in FY20

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The federal government set records for both the amount of money it spent and the deficit it ran in fiscal 2020, according to the Monthly Treasury Statement released today.

The federal government spent a record $6,551,872,000,000 in fiscal 2020, which was an increase of $2,044,283,520,000—or 45.4 percent—from the previous record of $4,507,588,480,000 in constant September 2020 dollars that it spent last year.

Read more at CNS News.

{Matzav.com}

3 COMMENTS

  1. The money they spent for the stimulus checks was the confiscated money from the elites who had coronavirus and not around anymore. It was stolen money from us to begin with.

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