Monday, January 28, 2013
"CBO: Feds Borrowing $4.8 billion Per Day in FY 2013, So Far"
Borrow and spend; borrow and spend.
The beat goes on and on...
The beat goes on and on...
Matt Cover posted this at CNSnews.com:
"The federal government ran a deficit of $292 billion for the first two months of fiscal year 2013 – October and November 2012 – amounting to $4.8 billion of borrowed money each day.
'The federal budget deficit was $292 billion for the first two months of fiscal year 2013, $57 billion more than the shortfall recorded in October and November of last year,' CBO said in its Monthly Budget Review Friday."
