From New American
By Charles Scaliger
"In yet another sign that the looming American debt crisis is close to spiraling out of control, February’s monthly federal deficit was the highest ever recorded — $229 billion, according to a report released last Wednesday by the Congressional Budget Office. Even more alarmingly, five months into this fiscal year (which began October 1, 2011), the deficit has already exceeded half a trillion dollars, with the government having to borrow 42 cents of every dollar spent during that same span."
read more
No comments:
Post a Comment