Archive for May 12th, 2010

12 May

Blowing the monthly budget

Despite April being the federal government’s best money month, Washington, D.C. spent more than it received for the 19th consecutive month. According to a Reuters article, that’s a record.  And it gets worse.
It [April budget deficit] was more than twice the $40-billion deficit that Wall Street economists surveyed by Reuters had forecast and was striking [...]

Posted in Federal Government, Government Spending, National Debt, Peoples Press Collective by: Amy
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