Topic: February Deficit Largest In History
InvictusV's photo
Thu 03/08/12 03:28 PM
First it was the highest gas prices ever recorded in February.

Unemployment going back to 9.1%

Now.. The highest ever monthly deficit in American history..

I hope all you Obamaites keep thinking he is gonna win easily in November..


Govt. sets record deficit in February

The federal government recorded its worst monthly deficit in history in February, according to a preliminary report Wednesday from the Congressional Budget Office that said the deficit in fiscal year 2012 is already more than half a trillion dollars.

The CBO’s figures show that despite repeated efforts to trim spending, the government has borrowed 42 cents of every dollar it spent during the first five months of this fiscal year.

The nonpartisan agency projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011.

It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure.

BEFORE NOW, THE LONGEST STREAK ON RECORD WAS 11 MONTHS.


http://www.washingtontimes.com/news/2012/mar/8/govt-sets-record-deficit-february/






msharmony's photo
Thu 03/08/12 05:37 PM

First it was the highest gas prices ever recorded in February.

Unemployment going back to 9.1%

Now.. The highest ever monthly deficit in American history..

I hope all you Obamaites keep thinking he is gonna win easily in November..


Govt. sets record deficit in February

The federal government recorded its worst monthly deficit in history in February, according to a preliminary report Wednesday from the Congressional Budget Office that said the deficit in fiscal year 2012 is already more than half a trillion dollars.

The CBO’s figures show that despite repeated efforts to trim spending, the government has borrowed 42 cents of every dollar it spent during the first five months of this fiscal year.

The nonpartisan agency projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011.

It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure.

BEFORE NOW, THE LONGEST STREAK ON RECORD WAS 11 MONTHS.


http://www.washingtontimes.com/news/2012/mar/8/govt-sets-record-deficit-february/








numbers can show many things

the numbers are high, the context can be diverse as can the implications

229 billion is the highest NUMBER, but things cost more
in context, as a portion of the GDP, its not close to the highest deficit

IF the last time we had a 'surplus' was in 2000, how could we have only had 41 months of deficit since then...?

a vote for Obama is a vote against Crazy,, thats one way he could potentially win 'easily'....

Sojourning_Soul's photo
Fri 03/09/12 02:54 AM


First it was the highest gas prices ever recorded in February.

Unemployment going back to 9.1%

Now.. The highest ever monthly deficit in American history..

I hope all you Obamaites keep thinking he is gonna win easily in November..


Govt. sets record deficit in February

The federal government recorded its worst monthly deficit in history in February, according to a preliminary report Wednesday from the Congressional Budget Office that said the deficit in fiscal year 2012 is already more than half a trillion dollars.

The CBO’s figures show that despite repeated efforts to trim spending, the government has borrowed 42 cents of every dollar it spent during the first five months of this fiscal year.

The nonpartisan agency projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011.

It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure.

BEFORE NOW, THE LONGEST STREAK ON RECORD WAS 11 MONTHS.


http://www.washingtontimes.com/news/2012/mar/8/govt-sets-record-deficit-february/








numbers can show many things

the numbers are high, the context can be diverse as can the implications

229 billion is the highest NUMBER, but things cost more
in context, as a portion of the GDP, its not close to the highest deficit

IF the last time we had a 'surplus' was in 2000, how could we have only had 41 months of deficit since then...?

a vote for Obama is a vote against Crazy,, thats one way he could potentially win 'easily'....


That's BS msH.....

Things are "higher" and cost more because our glorious dictator is destroying our dollar along with our rights and our constitution.

http://www.youtube.com/watch?feature=player_embedded&v=S8WReKlUFP4


InvictusV's photo
Fri 03/09/12 04:38 AM
Edited by InvictusV on Fri 03/09/12 04:43 AM
ughhh

InvictusV's photo
Fri 03/09/12 04:43 AM


First it was the highest gas prices ever recorded in February.

Unemployment going back to 9.1%

Now.. The highest ever monthly deficit in American history..

I hope all you Obamaites keep thinking he is gonna win easily in November..


Govt. sets record deficit in February

The federal government recorded its worst monthly deficit in history in February, according to a preliminary report Wednesday from the Congressional Budget Office that said the deficit in fiscal year 2012 is already more than half a trillion dollars.

The CBO’s figures show that despite repeated efforts to trim spending, the government has borrowed 42 cents of every dollar it spent during the first five months of this fiscal year.

The nonpartisan agency projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011.

It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure.

BEFORE NOW, THE LONGEST STREAK ON RECORD WAS 11 MONTHS.


http://www.washingtontimes.com/news/2012/mar/8/govt-sets-record-deficit-february/








numbers can show many things

the numbers are high, the context can be diverse as can the implications

229 billion is the highest NUMBER, but things cost more
in context, as a portion of the GDP, its not close to the highest deficit

IF the last time we had a 'surplus' was in 2000, how could we have only had 41 months of deficit since then...?

a vote for Obama is a vote against Crazy,, thats one way he could potentially win 'easily'....


Revenue and spending are calculated daily, weekly, monthly, yearly..

In 2007 the deficit for the entire year was $163 billion..


October 11, 2007 12:46 EDT

Oct. 11 (Bloomberg) -- The U.S. government posted the smallest budget deficit in five years as tax revenue reached a record and spending rose at the slowest pace in George W. Bush's presidency.

The deficit narrowed to $162.8 billion in the fiscal year that ended Sept. 30, the third straight annual decline and lowest since $158 billion in 2002, the Treasury Department said today in Washington.

For the month of September, the government posted a surplus of $111.6 billion, almost double the $56.2 billion surplus from the same month in 2006, the Treasury said.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=abGA3.0koGV4&refer=us/


msharmony's photo
Fri 03/09/12 07:55 AM
interesting,,,

numbers are amazing things,,,