Feds Set New Spending Record in August: The Swamp is Overflowing

"The government spent $32 billion just paying interest on its current debt last month. It plunked down $108 billion for Social Security, $65 billion bombing foreign countries…I mean for defense, $83 billion on Medicare, and $146 billion on all other government agencies and programs. Not only is Uncle Sam spending more, he’s taking in less money thanks to the tax cuts. The Treasury collected $219.1 billion in revenue last month. That’s about $7 billion less than August 2017.
This isn’t to knock tax cuts. But without any accompanying cuts in spending, they just exacerbate the debt problem."