Government Sets Record Deficit In February...

The federal government recorded its worst monthly deficit in history in February, according to a preliminary report Wednesday from the Congressional Budget Office that said the deficit in fiscal year 2012 is already more than half a trillion dollars.

The CBO’s figures show that despite repeated efforts to trim spending, the government has borrowed 42 cents of every dollar it spent during the first five months of this fiscal year.

The nonpartisan agency projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011.

It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure. Before now, the longest streak on record was 11 months.

Govt. sets record deficit in February - Washington Times
DRUDGE REPORT 2012®

LIES, ALL LIES! Obama cut the deficit in half in his first 3 years.... didn't he? I mean, he SAID he would... did he... lie???
 
As democrats say. SS is safe, we only have to threaten seniors to raise the debt ceiling now.

Democrats stand up and take a bow, you must be so proud.

Ass wipes................

When are you shitwaffles gonna admit that supply side economics is a failure? The only answer you have to everything is to give rich people more money. I say tax them 90%.
So you're comfy with whatever the government gives you? Really? WHat happens when the amount of taxpayers shrinks below that of those not paying taxes?

WE are right there, aren't we?

Nice you admit YOU are a moocher.

No, shit bag, I work for a living. Why don't you admit that you're just another talking point spouting right wing sheep?
 
When are you shitwaffles gonna admit that supply side economics is a failure? The only answer you have to everything is to give rich people more money. I say tax them 90%.
So you're comfy with whatever the government gives you? Really? WHat happens when the amount of taxpayers shrinks below that of those not paying taxes?

WE are right there, aren't we?

Nice you admit YOU are a moocher.

No, shit bag, I work for a living. Why don't you admit that you're just another talking point spouting right wing sheep?
And before long YOU will work where the Government allows. :eusa_hand:
 
The federal government recorded its worst monthly deficit in history in February, according to a preliminary report Wednesday from the Congressional Budget Office that said the deficit in fiscal year 2012 is already more than half a trillion dollars.

The CBO’s figures show that despite repeated efforts to trim spending, the government has borrowed 42 cents of every dollar it spent during the first five months of this fiscal year.

The nonpartisan agency projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011.

It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure. Before now, the longest streak on record was 11 months.

Govt. sets record deficit in February - Washington Times
DRUDGE REPORT 2012®

LIES, ALL LIES! Obama cut the deficit in half in his first 3 years.... didn't he? I mean, he SAID he would... did he... lie???

Safe to say he did lie.
 
Where are the detractors?

where is the the reclaim of omnipresence?
I thought Brahma was gonna solve everything??????
 
The federal government recorded its worst monthly deficit in history in February, according to a preliminary report Wednesday from the Congressional Budget Office that said the deficit in fiscal year 2012 is already more than half a trillion dollars.

The CBO’s figures show that despite repeated efforts to trim spending, the government has borrowed 42 cents of every dollar it spent during the first five months of this fiscal year.

The nonpartisan agency projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011.

It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure. Before now, the longest streak on record was 11 months.

Govt. sets record deficit in February - Washington Times
DRUDGE REPORT 2012®

Not adjusted for inflation.

Fail.
 
This administration still doesn't have a budget.
Spending another week talking about birth control.
Obama is too busy on the campaign trail.
What a friggin mess....

We want another 4 years of this crap.
 
This administration still doesn't have a budget.
Spending another week talking about birth control.
Obama is too busy on the campaign trail.
What a friggin mess....

We want another 4 years of this crap.
The Government under Democrat Control has YET to fulfill thier Constitutional obligation to accept a budget.

The entire district needs an enema. In paticuliar? Democrats, and RINOS.
 
This administration still doesn't have a budget.
Spending another week talking about birth control.
Obama is too busy on the campaign trail.
What a friggin mess....

We want another 4 years of this crap.
The Government under Democrat Control has YET to fulfill thier Constitutional obligation to accept a budget.

The entire district needs an enema. In paticuliar? Democrats, and RINOS.

Where in the Constitution does it say they must pass a budget?
 
The federal government recorded its worst monthly deficit in history in February, according to a preliminary report Wednesday from the Congressional Budget Office that said the deficit in fiscal year 2012 is already more than half a trillion dollars.

The CBO’s figures show that despite repeated efforts to trim spending, the government has borrowed 42 cents of every dollar it spent during the first five months of this fiscal year.

The nonpartisan agency projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011.

It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure. Before now, the longest streak on record was 11 months.

Govt. sets record deficit in February - Washington Times
DRUDGE REPORT 2012®

Are we up for another "Summer of Recovery" (Part 3)?

Question. Who on the Republican side running for President do you support that would do any better? There are 4 people and only one cuts spending, all others grow it by some margin.
 
The federal government recorded its worst monthly deficit in history in February, according to a preliminary report Wednesday from the Congressional Budget Office that said the deficit in fiscal year 2012 is already more than half a trillion dollars.

The CBO’s figures show that despite repeated efforts to trim spending, the government has borrowed 42 cents of every dollar it spent during the first five months of this fiscal year.

The nonpartisan agency projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011.

It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure. Before now, the longest streak on record was 11 months.

Govt. sets record deficit in February - Washington Times
DRUDGE REPORT 2012®

Not adjusted for racism.
 
That goes for all the Neocons here...


Who on the Republican side running for President do you support that would do any better? There are 4 people and only one cuts spending, all others grow it by some margin.

Come on, this is obviously an important issue to you guys... lol.... not really but lets pretend.
 
Every other administration has to pass a budget....
Then along comes Obama and suddenly it's not necessary...

Doesn't answer the question.

Where in the Constitution does it say Obama must pass a budget?


Well... You sure have a funny way of thinking you are defending Obama, you in fact make him and his supporters looks stupid.

I also find it interesting that you want to use the constitution now but on situations like Libya, Iran, Syria, Obamacare, foreign Aid, SS, Welfare, Medicare, NDAA and so on, you feel the constitution is dated and near useless.
 
That goes for all the Neocons here...


Who on the Republican side running for President do you support that would do any better? There are 4 people and only one cuts spending, all others grow it by some margin.

Come on, this is obviously an important issue to you guys... lol.... not really but lets pretend.

You know not one of them well answer that because when it's there side running things its all good. Not knowing that both sides are the same and will continue to screw them until we as a people say enough be they Conservative or Liberal. To stand up and say We are Americans and we do not support this two party scam and we want real change
 
That goes for all the Neocons here...


Who on the Republican side running for President do you support that would do any better? There are 4 people and only one cuts spending, all others grow it by some margin.

Come on, this is obviously an important issue to you guys... lol.... not really but lets pretend.

You know not one of them well answer that because when it's there side running things its all good. Not knowing that both sides are the same and will continue to screw them until we as a people say enough be they Conservative or Liberal. To stand up and say We are Americans and we do not support this two party scam and we want real change

Oh I know it, they all like to talk tuff to each other. Fact is the country at some point, 2 years from now, or 20 years from now will be hurting so bad we will be selling off our military. It's a joke watching these people attack each other then turn around and vote for the very thing they claim to be evil/horrible/whatever.
 
Oh I know it, they all like to talk tuff to each other. Fact is the country at some point, 2 years from now, or 20 years from now will be hurting so bad we will be selling off our military. It's a joke watching these people attack each other then turn around and vote for the very thing they claim to be evil/horrible/whatever.

You know Albert Einstein said about insanity right

Insanity: doing the same thing over and over again and expecting different results.
Albert Einstein
 
The Obama budget deficits originated during the Bush presidency...

1. Tax cuts 2001-2002 (4 trillion over 10 years)
2. Prescription drug benefits (1 trillion over 10 years)
3. Economic meltdown of 2008 ( 3 trillion and rising)
4. Wars in Iraq and Afghanistan (2 trillion and winding down)
 

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