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CBO: Feds Borrowing $4.8 billion Per Day in FY 2013, So Far
Cybercast News Service ^ | December 7, 2012 | Matt Cover

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 2013—October and November 2012—amounting 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 ...


TOPICS: Business/Economy; Crime/Corruption; Government; US: District of Columbia
KEYWORDS:

1 posted on 12/08/2012 12:49:01 AM PST by Olog-hai
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To: Olog-hai

Fiscal treason.


2 posted on 12/08/2012 3:41:01 AM PST by Psycho_Bunny (Thought Puzzle: Describe Islam without using the phrase "mental disorder" more than four times.)
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To: Psycho_Bunny

Here is a headline on Drudge: “Salvation Army Seeing Record Number Of Families In Need”

Where is all the money going??


3 posted on 12/08/2012 4:19:19 AM PST by radioone
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To: Psycho_Bunny

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.


4 posted on 12/08/2012 4:23:42 AM PST by wita
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