The Federal government spent a record amount of money in the first quarter of fiscal year 2020 — last October through December — and chalked up a record spending deficit, leaving American taxpayers on the hook for more goods and services than ever before.
CNS News reports that Federal spending easily topped one trillion last quarter, with the U.S. government spending a whopping $1,163,090,000,000 — nearly $1.2 trillion — in the first quarter of 2020, besting its previous first quarter record, $1,115,081,800,000, by an astounding $48,008,200,000.
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