Isn't It Interesting That the Feds are Spending Again, and the Economy is Slowing Down?
The Treasury released its monthly budget figures today.
Overall, the monthly budget deficit came in at $64.4 billion, about $2 billion more than analysts expected.
Here's a look at the 12 month moving sum in Feds spending.
The first thing that stands out is that the Feds are back spending again, after a brief period of prudent budgeting from 2009 to the latter half of 2014. The 12-month moving sum of total expenditures is about $3.7 trillion, about $200 billion above where the figure was at this time last year.
The spending increase started around fall . . .
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