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Meanwhile, as the economy soars, the federal budget deficit was $531 billion for the first 7 months of fiscal 2019, CBO says, $145 billion more than last year. What is going to happen when the economy even slows? https://www.cbo.gov/system/files/2019-05/55219-MBR.pdf …
A cheerful addendum: "However, outlays in the first seven months of last year were reduced by shifts in the timing of certain payments. If not for those shifts, the deficit for the first seven months of the past fiscal year would have been $44 billion greater."
