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    Default Hope and Change Adds $65 Billion To Deficit In March

    The liberal media ignored the cost of Obama's hope and chnage last month as Obama's economic policies added $65 Billion to the nations debt

    Estimates are for an $85 Billion defict for April




    MARCH RESULTS
    The Treasury reported a deficit of $65 billion for March,
    about $3 billion more than CBO had estimated for that
    month on the basis of the Daily Treasury Statements.
    The difference occurred largely because outlays were
    higher than expected for agriculture and defense
    programs.

    The Treasury will record a deficit of $802 billion for the
    first seven months of fiscal year 2010, CBO estimates,
    about the same as the deficit recorded for the same
    period last year.

    http://www.cbo.gov/ftpdocs/114xx/doc...ril2010MBR.pdf
    Last edited by red states rule; 05-13-2010 at 05:07 AM.


    How do you tell a communist? Well, it's someone who reads Marx and Lenin. And how do you tell an anti-Communist? It's someone who understands Marx and Lenin.

    Ronald Reagan

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    Default



    How do you tell a communist? Well, it's someone who reads Marx and Lenin. And how do you tell an anti-Communist? It's someone who understands Marx and Lenin.

    Ronald Reagan

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    The month of April saw a monthly deficit of $89 Billion even AFTER income taxes were figured in

    The deficit was $20 Billion more then last year

    Yet we are told over and over how it was Bush's reckless spending and deficits got us in the mess Obama promised to clean up


    How do you tell a communist? Well, it's someone who reads Marx and Lenin. And how do you tell an anti-Communist? It's someone who understands Marx and Lenin.

    Ronald Reagan

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