Fiscal

For not fully understood reasons, conditions for the Big Bang were met about 13.8 billion years ago.  This unfathomable event set off a series of reactions.  Evidence of the reaction’s aftermath is observable even today.  For instance, according to NASA, we can still see the heat that was there roughly 380,000 years after the expansion of the universe (13.42 billion years a

America’s budget ran a surplus in January 2018 according to the Treasury Department.  Partially boosted by calendar influenced special factors, the nation took in $49.2 billion more than it spent to start the year.  Since the first day of the year is a holiday, outlays for military active duty and retirement, Veteran’s benefits, and Supplemental Security Income were paid i

America’s fiscal year 2018 is underway, and the Department of Treasury celebrated the New Year with a larger deficit than in October 2016 (the beginning of last fiscal year).  Our nation’s budget shortfall was $63.2 billion, an increase of 37.9 percent compared to a year ago.  Although receipts grew versus the same period a year ago, spending accelerated more.

Happy Fiscal New Year! As you are reading this, America has nearly completed its first month of the fiscal year 2018. The nation’s 2017 deficit tally is in; it doesn’t look good. Our country’s shortfall increased 13.7 percent for the year, reaching $666 billion.

As Britain negotiates its exit from prior trading contracts as a member of the European Union, it has begun to forge new economic relations and reinforce others. On September 20, 2017, the island nation held a signing ceremony at the U.S. Department of State marking an $88 million commitment to participate in a particle physics experiment.