June deficit; $8 billion Wow! we almost had a surplus in June, thus, revenues are up!.....MAGA! WINNING! ------------------ Huuuuuuummmm, not really.....if we read Mnuchin's Monthly Treasury Statement's highlight; "Outlays for Military active duty and retirement, Veterans’ benefits, Supplemental Security Income, and Medicare payments to Health Maintenance Organizations and prescription drug plans accelerated into May, because June 1, 2019, the normal payment date, fell on a non-business day." https://fiscal.treasury.gov/files/reports-statements/mts/mts0619.pdf ------------- In other words, had June 1st been a business day, then all above-mentioned expenses would have increased June outlays, thus, lower May deficit.