Thu Mar 11, 2010 2:48 pm
US budget deficit hits record $220.9 Billion in February
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The US government registered a record budget deficit in February, the 17th consecutive month of running in the red, the Treasury said Wednesday.
The February budget shortfall was 220.909 billion dollars, a 14 percent rise from a year ago and the biggest monthly gap on record.
The reading, however, was slightly better than the consensus analyst forecast of a deficit of 222 billion dollars.
The deepening budget gap was led by a 17 percent jump in government spending, which hit 328.429 billion dollars, a record for the month of February.
The record monthly number came after two consecutive months of shrinking gaps that had left the January gap at 42.6 billion dollars.
http://rawstory.com/news/afp/US_budget_deficit_hits_record_high__03102010.html
Any dictator would admire the uniformity and obedience of the US media. ~ Noam Chomsky
A message from the Iraqi Resistance
"The price of freedom is the willingness to do sudden battle, anywhere, any time and with utter recklessness."~ Robert Heinlein
Who is the worse enemy of the American people, Iran or the government in Washington and the media whores who serve it?
A message from the Iraqi Resistance
"The price of freedom is the willingness to do sudden battle, anywhere, any time and with utter recklessness."~ Robert Heinlein
Who is the worse enemy of the American people, Iran or the government in Washington and the media whores who serve it?
