National

Treasury announces 2011 deficit is second highest in history


The U.S budget deficit for fiscal year 2011 is $1.299 trillion, the second largest shortfall in history.  The nation only ran a larger deficit for the 2009 fiscal year, which included the dramatic collapse of financial markets and a huge bailout effort by the government. The nation’s deficit that year was $1.412 trillion.  Read more at TheHillcom

Advertisements

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

Tell us what you think!

Talk to us on Facebook at OBX TEA Party Patriots
Advertisements
%d bloggers like this: