Friday, April 10, 2020

Monthly Coronavirus COVID-19 Update

Starting today, April 10, 2020, usgovernmentspending.com is publishing a Coronavirus/COVID-19 update page showing the month-to-month response of the US federal government in spending, revenue, and deficit.

The page uses the Monthly Treasury Statement (MTS) issued by the US Department of the Treasury at 2:00pm on the 8th business day of the month.

For the month of March 2020 the MTS shows the following:

US Federal Finances for March 2020
FY 2019
$ billion
FY 2020
$ billion
Difference
$ billion
Outlays$375.8$355.9-$19.9
Receipts$228.8$236.8+$8.0
Deficit$147.0$119.1-$27.9
Debt Increase-$86.4$283.8+$370.2

Only significance: $370 billion increase in Federal Debt.

Next monthly update will be Monday May 11, 2020.

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