Okay, let’s do some ciphering as Jethro would say.
This year, April revenues were $245.3 billion and were down 7.9%. That means that last year’s April revenues were $266.3 billion. If there was a $20 billion deficit, then spending must have been $286.3 billion in April 2009.
This year, there was a $82.7 billion deficit with $245.3 billion in revenue. Which means spending was $328 billion.
So, revenue went down $21 billion while spending went up by $41.7 billion. But the problem, of course, is a lack of revenue.
All hats off to you for spelling this crap out.
And the wheels on the bus go round and round...
TAX INCREASES!
The demoRATs solution for everything....
Times are good -- more taxes, more spending
Times are bad -- more taxes, more spending
Our country being devastated & run into the ground -- more taxes, more spending
Geez I hate 0b0z0 the commie pig & the socialist RAT bastards more every day!