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US to borrow 46 cents for every dollar spent!

get_involvedget_involved Member Posts: 2,490 ✭✭✭✭✭
edited May 2009 in General Discussion
The government will have to borrow nearly 50 cents for every dollar it spends this year, exploding the record federal deficit past $1.8 trillion under new White House estimates. Budget office figures released Monday would add $89 billion to the 2009 red ink - increasing it to more than four times last year's all-time high.......

http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/05/11/national/w063138D15.DTL&feed=rss.news

obama8o.jpg
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