The New CS Board

[jumanji0881]

The numbers are in -
America's True Deficit: US To Borrow Over $1.3 Trillion In 2018 : https://www.zerohedge.com/news/2018-10-29/americas-true-deficit-us-borrow-over-13-trillion-2018

My comment: $1.3Trillion deficit in a good economic year..$2Trillion PLUS in the next recession.

Excerpts:
The revised Treasury numbers bring the total net borrowing needs for calendar 2018 at $1.338 trillion, while borrowings for fiscal year 2018 (which ended on Sept. 30) amounted to just under $1.2 trillion.

So why did the US borrow $1.2 trillion in Fiscal 2018 even though the official budget deficit was reported to be $779 billion for the same period? That is mostly due to "off budget" items that Congress thinks shouldn’t be part of the normal budgetary process. It includes things like Social Security and Medicare, which vary from year to year, and can be anywhere from $200 billion to almost $500 billion.