Skip to comments.CBO: Feds Borrowing $4.8 billion Per Day in FY 2013, So Far
Posted on 12/08/2012 12:48:56 AM PST by Olog-hai
The federal government ran a deficit of $292 billion for the first two months of fiscal year 2013October and November 2012amounting to $4.8 billion of borrowed money each day.
This means that the government borrowed $4.8 billion for each calendar day so far in 2013. If the Treasury Department restricted its borrowing to only weekdays, its per day average would jump to $6.5 billion per day thus far in fiscal year 2013.
(Excerpt) Read more at cnsnews.com ...
Here is a headline on Drudge: “Salvation Army Seeing Record Number Of Families In Need”
Where is all the money going??
Fiscal insanity, followed by fiscal treason.
The penalty for both offenses cannot be discussed on this forum, however, execution of the penalty would bring a swift end to both insanity and treason.
No pun intended.