US Budget Frame

reports Medicer ) and paying government debt interest are the main factors in increasing the US government budget deficit. This financial gap has been 2 percent higher than last year since the beginning of the fiscal year, which began on October 1, after adjustment based on calendar differences.

The continuous increase in budget deficit can make US President Donald Trump’s efforts to extend and expand the tax cut package that is due to expire at the end of this year. Republicans in favor of strict financial policies may call for further compensatory measures to prevent further deterioration of the financial situation. In contrast, tax support supporters have warned that non -extension of these exemptions may endanger economic growth.
In response to the question of whether the “span style =” Text-align: Justify “> Ilan Mask has had an impact on budgetary figures to reduce government spending. The official also said that there was no significant decline in any of the cost sectors in Wednesday. Speaking anonymously, the official added that the 5 % tax on China’s imports, which was applied last month, had not yet had an impact on February statistics.

costs modic and debt interest

In the first five months of the current fiscal year, government revenues reached $ 1.2 trillion in the first five months of the current fiscal year, up from 5 % compared to year 2. In contrast, government spending has increased by 5 % to $ 1.5 trillion.

Among the most expensive sections can be mentioned Medicer , which has increased $ 5 billion in the past five months and reached $ 5 billion. Public debt interest has also increased by $ 5 billion to $ 5 billion. Social security costs have also increased $ 5 billion to $ 5 billion.