Our federal government set a disturbing record last month: It ran the largest single-month budget deficit the United States has experienced in its 235-year history!
For February alone, the deficit hit almost $223 billion.
That’s how much Washington spent beyond what it took in through taxes, which are already higher than they should be.
The total national debt is now more than $14 trillion – and rising! We are paying hundreds of billions of dollars in interest on that debt.
With more huge deficits month after month, is it any surprise that our country faces a total deficit of more than $1.5 trillion this year?