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To: Bill who wrote (1117406)	2/14/2019 9:22:33 AM
From: sylvester80	Respond to of 1586543

Bloomberg: U.S. Budget Deficit SKYROCKETS up 42% YoY to $319 Billion in the first 3 months of the Fiscal year Oct-Dec Amid Flat Revenues due to Republican/tRump's TAX SCAM. bloomberg.com By Katia Dmitrieva February 13, 2019, 12:00 PM MST Updated on February 13, 2019, 12:40 PM MST The U.S. budget deficit widened to $319 billion in the first three months of the government’s fiscal year as spending increased and revenue was little changed, according to the Treasury Department. The shortfall grew by 42 percent between the October to December period, compared with the same three months the previous year, according to the latest Treasury monthly budget report released on Wednesday. Receipts climbed by 0.2 percent to $771.2 billion, while spending was up 9.6 percent to $1.1 trillion. Ballooning DeficitThe U.S. budget shortfall expanded as spending surged and revenue was flat Source: U.S. Treasury Department The latest data will likely fan concerns over America’s growing national debt, which topped $22 trillion this week. The fiscal deficit is projected to keep growing and surpass $1 trillion by 2022, according to the Congressional Budget Office, fueled in part by President Donald Trump’s $1.5 trillion tax-cut package and government spending increases. The White House has said the measures will boost U.S. economic growth and create jobs.

To: Bill who wrote (1117406)	2/14/2019 9:32:11 AM
From: sylvester80	Respond to of 1586543

OOPS! Retail sales sink 1.2% in December IN THE WORST PLUNGE IN NINE YEARS Published: Feb 14, 2019 8:53 a.m. ET marketwatch.com