(CNSNews.com) – Federal spending for the fourth Monday in January set a record of $16,596,000,000 for that day in January even though the federal government was shut down, according to the Daily Treasury Statement.
The House of Representatives did not pass the current short-term continuing resolution to fund the government and end the latest shutdown until 6:09 p.m. Eastern Time on Monday. That was after the close of the business day in Washington, D.C., which made Monday the one federal-government business day effected by the lastest shut down. (The other two days of the shut down were a Saturday and a Sunday.)
But the $16,596,000,000 that the federal government spent on Monday–when it was shut down–was more in constant inflation-adjusted dollars than the federal government has spent before on the fourth Monday in January, according to the Daily Treasury Statements (going back to 1998) that are posted on the website of the Treasury Department’s Bureau of the Fiscal Service.
www.cnsnews.com/news/article/terence-p-jeffrey/federal-spending-set-record-during-shutdown
Federal Spending Set RECORD During the SHUTDOWN!
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