US DEFICIT TOPS $1 TRILLION FOR FIRST TIME IN 7 YEARS

The federal budget deficit has topped $1 trillion for the first time in seven years, the Treasury Department said. Expenses in August eclipsed incoming revenue by $214 billion this month, taking the government's total shortfall to just under $1.07 trillion, the government reported Thursday. The last time the deficit was as large was in 2012 when it hit $1.1 trillion. read more

benzinga.com (Date:09/13/2019 16:39) Read full article >>

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Thursday: Thursday is the fourth or fifth day of the week, between Wednesday and Friday. According to the ISO 8601 international standard adopted in most western countries, it is the fourth day of the week. In countries that use the Sunday-first convention, Thursday is defined as the fifth day of the week. I
August: August is the eighth month of the year in the Julian and Gregorian Calendars and one of seven months with a length of 31 days.
Expenses: In common usage, an expense or expenditure is an outflow of money to another person or group to pay for an item or service, or for a category of costs. For a tenant, rent is an expense. For students or parents, tuition is an expense. Buying food, clothing, furniture or an automobile is often referre