Wednesday, January 13, 2010

December budget deficit sets record

http://finance.yahoo.com/news/December-budget-deficit-sets-apf-1794322399.html?x=0&sec=topStories&pos=4&asset=&ccode=


Hey look what spending your way out of it does, it attomatically adds more to the bar tab.

The Treasury Department said Wednesday that the deficit last month totaled $91.85 billion, the largest December deficit on record and a bigger imbalance than the $92 billion that economists had expected.

For the first three months of the current budget year, which began on Oct. 1, the deficit totals $388.51 billion, 16.8 percent higher than the $332.49 billion imbalance recorded during the same period a year ago.