The lack of budget of the United States in the 2018 financial year increased by 17% and reached $ 779 billion. About this shows a General report of the Minister of Finance of the USA Stephen Mnuchin and the chief of the office of management and budget the White house Mick Mulvany.
So, the lack of budget in relation to GDP increased to 3 9 percent and reached a record high with 2012.
the report noted the success of the economic policies of the current us administration for the ordinary citizens of the country. Since the beginning of the presidency of the trump in the US created four million jobs, real wages of Residents increased by 1, 4 percent, in addition there is a low level of unemployment.
Anyway according to the report, total spending increased by 3, 2 percent, or 127 billion, and at the same time, income increased only 14 billion or by 1, 4 percent. For example, more was spent on defense that it took 664, 7 billion.
the report also notes that the budget shortfall will continue to grow in the future and in 2019 will rise to 981 billion, or about 4, 6 per cent of US GDP.
first it was claimed that during the same fiscal year the state dog of the USA has increased by no less than 1, $ 2 trillion and reached a record high of 21, 5 trillion dollars.
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