Wednesday, April 08, 2009

U.S. Deficit Nearly $1 Trillion In First Half of FY2009

The U.S. budget deficit almost hit $1 trillion during the first six months of this fiscal year which began on October 1, according to estimates released on Monday by the Congressional Budget Office. The government likely recorded $953 billion in red ink from October through March including $290 billion for the Troubled Asset Relief Program, or TAR

read more | digg story

No comments: