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December 7, 2012

Obamanomics Update: Deficit already at $292 billion for fiscal 2013

Topics: Political News and commentaries

The Hill reports:

The federal budget deficit has reached $292 billion just two months into fiscal 2013, the Congressional Budget Office estimated Friday.

That is a fast start for a fiscal year that CBO already predicted will have a deficit of more than $1 trillion -- the fifth year in a row that has happened, all under President Obama.

Meanwhile, Obama is demanding more than $1 trillion in new spending as part of a deal to avert the fiscal cliff,

And the American people actually reelected this narcissistic, fiscally irresponsible, racially and culturally-divisive clown of a president?

Go figure!

Related reading: Charts of the Day: Deficits and spending

Posted by Hyscience at December 7, 2012 7:11 PM

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