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Posted: 6/22/2011 9:33:57 AM EDT
[Last Edit: 6/22/2011 9:57:18 AM EDT by targettarget]

CBO: Gov’t Ran $929B Deficit in First 8 Months of FY 2011, On Track to Hit $1.4T

Wednesday, June 22, 2011
By Terence P. Jeffrey
http://www.cnsnews.com/news/article/cbo-gov-t-ran-929-deficit-first-8-months

CBO estimates that the government recorded a deficit of $929 billion for the first eight months of the fiscaly year,” said CBO.

Last year, the government ran a deficit of $935 billion in the first 8 months of the year, according to CBO.
Link Posted: 6/22/2011 9:34:34 AM EDT
WE'RE HEADING IN THE RIGHT DIRECTION NOW!!!
Link Posted: 6/22/2011 9:45:13 AM EDT
Link Posted: 6/22/2011 9:46:05 AM EDT
Originally Posted By Merrell:
WE'RE HEADING IN THE RIGHT DIRECTION NOW!!!


Link Posted: 6/22/2011 9:47:13 AM EDT
$8M?



Did they stop serving cheese and crackers before cabinet meetings?
Link Posted: 6/22/2011 9:47:44 AM EDT
Originally Posted By Merrell:
WE'RE HEADING IN THE RIGHT DIRECTION NOW!!!


This is a pleasant change from your usual doom'n'gloom.
Link Posted: 6/22/2011 9:48:34 AM EDT
Originally Posted By LoBrau:
Originally Posted By Merrell:
WE'RE HEADING IN THE RIGHT DIRECTION NOW!!!


This is a pleasant change from your usual doom'n'gloom.


Things are always brightest before the final catastrophic collapse!!!!

Link Posted: 6/22/2011 9:50:18 AM EDT
Isn't that supposed to be billions?  A million in waashington is small change.
Link Posted: 6/22/2011 9:53:24 AM EDT
Originally Posted By Partisan:
Isn't that supposed to be billions?  A million in waashington is small change.


Probably got us confused with the Canadian budget...

Link Posted: 6/22/2011 9:56:05 AM EDT
Originally Posted By Merrell:
WE'RE HEADING IN THE RIGHT DIRECTION NOW!!!


At this rate it will only take 12.9 years to get rid of that YOY deficit.  
Link Posted: 6/22/2011 9:56:51 AM EDT
Originally Posted By Partisan:
Isn't that supposed to be billions?  A million in waashington is small change.


Shit, my bad.
Link Posted: 6/22/2011 9:57:25 AM EDT
Originally Posted By Partisan:
Isn't that supposed to be billions?  A million in waashington is small change.


$B is the new $M.
Link Posted: 6/22/2011 9:57:41 AM EDT
Originally Posted By KScoltAR:
Originally Posted By Partisan:
Isn't that supposed to be billions?  A million in waashington is small change.


Probably got us confused with the Canadian budget...



Link Posted: 6/22/2011 9:58:19 AM EDT
[Last Edit: 6/22/2011 9:58:35 AM EDT by flyfishnepa]

i think you're confusing canada's spending with u.s. spending
Link Posted: 6/22/2011 9:58:22 AM EDT
Get back to work, peasants.  
Link Posted: 6/22/2011 10:01:22 AM EDT
Originally Posted By Seansworth:
$8M?
Did they stop serving cheese and crackers before cabinet meetings?

Only on Fridays.
Link Posted: 6/22/2011 10:04:03 AM EDT
Sweet , I just knew he was a leader .
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