Written by Rob on 10 March 2010
The government ran up the largest monthly deficit in history in February, keeping the flood of red ink on track to top last year's record for the full year. The Treasury Department said Wednesday that the February deficit totaled $220.9 billion, 14 percent higher than the previous record set in February of last year. The deficit through the first five months of this budget year totals $651.6 billion, 10.5 percent higher than a year ago. The Obama administration is projecting that the deficit for the 2010 budget year will hit an all-time high of $1.56 trillion, surpassing last year's $1.4…
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Tags: /sarc, Budget, deficit, February, Good, Obama, record, Sets
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Written by Rob on 10 March 2010
The government ran up the largest monthly deficit in history in February, keeping the flood of red ink on track to top last year's record for the full year. The Treasury Department said Wednesday that the February deficit totaled $220.9 billion, 14 percent higher than the previous record set in February of last year. The deficit through the first five months of this budget year totals $651.6 billion, 10.5 percent higher than a year ago. The Obama administration is projecting that the deficit for the 2010 budget year will hit an all-time high of $1.56 trillion, surpassing last year's $1.4…
View full post on Latest Articles
Tags: /sarc, Budget, deficit, February, Good, Obama, record, Sets
Posted in Free Republic | No Comments »
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