Tuesday, May 5, 2020

The Projected FY 2020 deficit is $1.08 trillion as of March 31

Source: https://www.fiscal.treasury.gov/files/reports-statements/mts/mts0320.pdf , page 5.

I took a snapshot of this because I find it quite amusing.  This, through March 2020, is the most current Monthly Treasury Statement posted on the Treasury Department website.

As you can see, the total estimated receipts to date for the fiscal year are $3,706,327 million and the estimated outlays are $4,789,746 million for a estimated deficit of $1,083,419 million.  The updated treasury statement for April will be posted in a few days and it will show an estimated deficit of over $3 trillion.

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