U.S. sets $223B deficit record

[bbarrick8383]

The federal government posted its largest monthly deficit in history in February, a $223 billion shortfall that put a sharp point on the current fight on Capitol Hill about how deeply to cut this year’s spending.

That one-month figure, which came in a preliminary report from the Congressional Budget Office, dwarfs even the most robust cuts being talked about on the Hill, and underscores just how much work lawmakers have to do to get the government’s finances in balance again.

washingtontimes.com/news/2011/mar/7/government-posts-biggest-monthly-deficit-ever/#

Captain, I believe the ships got a leak.

 

[Black_Knight]

I can think of a bunch of ways they could cut spending.

Maybe all of congress could work for free for the next year?

Budgets? I remain pretty cynical about what congress will do, but regardless I’m sure we’ll ALL feel it.

What’s the amount that all of us individually are each in the hole with the national debt? I haven’t seen any figures in a long time.

 

[Orogeny]

27%.

Anyone want to guess what that number represents?

Hint: Harry Reid is crying that cowboy poets won’t exist if that number isn’t deleted.

Peace

Tim