Posted on 09/11/2009 2:33:38 PM PDT by pissant
The federal deficit surged higher into record territory in August, hitting $1.38 trillion with one month left in the budget year.
The Treasury Department said Friday that last month's deficit was $111.4 billion, below the $152 billion that economists expected. Still, the imbalance added to a flood of red ink already accumulated through a severe recession and massive spending needed to stabilize the banking system.
(Excerpt) Read more at cbsnews.com ...
It is sad to see such sickness in action — with it all riding on the conscience of Congress to stop it in its tracks. Is there any hope?
We can TRUST him with Cap and Trade!! It will save jobs!!!
IN A PIG'S EYE!!!!!!!!!!!!!!!!!!!!
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