The U.S. budget deficit reached $ 666 billion

Дефицит бюджета США достиг 666 миллиардов долларов

The U.S. budget deficit reached a record value

The increase in the deficit was due to cost increases for 2017 3%.

The U.S. budget deficit in fiscal year 2017 totaled 665,7 billion, according to Bloomberg.

This is the largest deficit since 2013 and the sixth figure in the history of the United States. The increase in the deficit was due to cost increases for 2017 3%.

“The growth in expenditure outpaced tax revenue growth for the second consecutive year as a result of economic growth at historically low levels. The growing deficit shows that reasonable limits on spending and adopt policies aimed at stimulating economic growth, for example, tax reform is critical to ensure long-term financial stability,” said Treasury Secretary Steven Mnuchin.

The U.S. Senate supported the increase in the military budget by $73 billion

The revenues of the budget of the United States in 2017 was 3.31 trillion to $ 3.27 trillion in 2016. Expenses increased from 3.85 trillion in the 2016 fiscal year, to 3.98 trillion in 2017.
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