Mika Brzezinski: “According To New Analysis From The Nonpartisan Congressional Budget Office, The Deficit Rose By $222 Billion In The First 11 Months Of 2018. That Is A 3 2% Jump From The Same Time Period Last Year.” BRZEZINSKI: “The federal deficit on track to hit $1 trillion before the end of the fiscal year two years earlier than expected. According to new analysis from the nonpartisan congressional budget office, the deficit rose by $222 billion in the first 11 months of 2018. That is a 32% jump from the same time period last year. That brings the total figure to $895 billion.” [Morning Joe, MSNBC, 9/12/18; VIDEO]
Mika Brzezinski: “The CBO Says The Surge Is Due To The New Republican Tax Law And An Increase In Government Spending.” BRZEZINSKI: “According to new analysis from the nonpartisan congressional budget office, the deficit rose by $222 billion in the first 11 months of 2018. That is a 3 2% jump from the same time period last year. That brings the total figure to $895 billion. The CBO says the surge is due to the new Republican tax law and an increase in government spending. Officials say the figures were somewhat inflated due to a timing shift for some payments by the government.” [Morning Joe, MSNBC, 9/12/18; VIDEO]