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Federal budget deficit in first 11 months of fiscal year tops $1 trillion mark

Federal budget deficit in first 11 months of fiscal year tops $1 trillion mark

The U.S. budget gap widened to more than $1 trillion in the first 11 months of the fiscal year, the Treasury Department said Thursday, the first time deficits have topped that amount in seven years. Higher spending on the military, rising interest expenses on government debt and social programs, and weak revenues early in the fiscal year combined to push the deficit up.

Tom A
Tom A
Andrew 1010
Andrew 1010 1 year

Well that's just.. Fantastic. Please feel free to insert more debt into my ass tube and the ass tubes of future generations. You incompetent nonsensical ineffective morons.

atlas shrugged
atlas shrugged 1 year

When will we get a presidential candidate that wants to get rid of the Fed and fix this ticking financial time bomb? Obviously the economy would get wrecked in the short to mid term, but this "just print more money" thing would be over.

porcus 1 year

Ergh... This is a problem with the public. Stop voting in people who believe that they will pay no consequences for the decisions they make. Apologies to Mr Sowell for my loose paraphrase.

Rhokanth 1 year

Get rid of Social Security and Medicare/Medicaid, halve the military budget, increase taxes on everybody by 1%. Yes, it will suck, but I'd rather my kids have a better future.

Judi Em
Judi Em 1 year

Anyone that is surprised by this hasn't been paying attention. And in 2020 when some leftist is president it will jump to 10 trillion. That's $10,000,000,000,000.00

Miles O'Brien
Miles O'Brien 1 year


IvoryDove 1 year

Remind me... What is a "conservative"?

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