Another Record Deficit for 2010?
Another Record Deficit for 2010? By Ian Mathias 11/13/09 Baltimore, Maryland – Friday the 13th… let’s start spooky: Just one month into the 2010 fiscal year, the U.S. government is on track for a record $2 trillion annual budget deficit. That’s the word from the Treasury Department, which quietly announced a $176.4 billion October budget deficit yesterday. Oh, let us count the records… record-high deficit for all Octobers, record 13th straight month of budget deficit and the fifth largest monthly shortfall on the books. Should we maintain this trajectory for the rest of the fiscal year, Uncle Sam will have...
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Tags: Baltimore Maryland, Budget Deficit, Fiscal Year, Mathias, Record Deficit, Shortfall, Trajectory, Treasury Department, Trillion, Uncle Sam, X85, X92, X96