Saturday, December 15, 2012

Deficit hit $172B in November, with US on path for fifth straight year topping $1 trillion!

The U.S. budget deficit unexpectedly increased in November, to $172 billion for the month -- pushing the country one step closer to the limit on government borrowing.
The Treasury said Wednesday the deficit last month was $22 billion more than the October mark and up from $137 billion in November 2011.

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1 comment:

  1. I was listening to a radio show by Blake Sawyer today, where he explained the US is like the Titanic, the call is going out to abandon ship, however most still believe it is so big that it cant possibly go down ! The truth is of course, it will go down very fast and if action is not taken to save your own lives, then your fate is already sealed.