Hot Topics :

MYSTERY: Treasury Says Debt Up $0 in August

(CNSNews.com) – The federal deficit increased by $146 billion in August, according to a report released today by the Congressional Budget Office. But, at the same time, according to the U.S. Treasury, the federal debt did not increase at all during the month.

Total federal receipts were $185 billion during August, according to the CBO, while total federal outlays were $331 billion. Thus, the Treasury was forced to engage in $146 billion in deficit spending.

[Read more]

Subscribe to Land for Peace

Get your daily dose of news & info from Land for Peace

Sign up to Land for Peace for FREE and receive our daily emails.

Popular Topics

  • White House opens door to tolls on interstate highways, removing long-standing prohibition
  • BILL CLINTON: ‘I THANK GOD EVERY APRIL 15TH’ I GET TO PAY MORE TAXES
  • OBAMA EPA CHIEF REGINA MCCARTHY: POLLUTION HOLDS AFRICAN-AMERICANS BACK
  • NBA CAN’T LEGALLY TERMINATE STERLING’S OWNERSHIP
  • White House on defense over new Benghazi emails, claims controversial ‘prep call’ not about attack