Trump increase Revnue as Deficits decline
The first five months of the Trump administration have seen Democrat and media opponents completely lose their minds. When not screeching about threats to Democracy, they’ve been howling about massive spending cuts, warning about runaway inflation, and predicting a collapse in tax revenues.
Not one of these is coming to pass.
The latest monthly spending and revenue data from the Treasury Department. shows that from February through May of this year, federal spending was $37 billion higher than those same months last year.
Got that? Higher.
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The economy definitely looks in better shape than it was under the Biden administration. The revenue side is where it improved. But deficits are still too high.
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