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Oddly this didn't come out prior to the election either. Seems a lot of news coming out right after the election that should have made it's way into the news cycle prior. Must be just one of those odd coinkydinks right?? Lying crooks.
"WASHINGTON (Reuters) - The budget deficit rose in October, the first month of fiscal year 2013, as looming negotiations over expiring tax cuts and imminent spending reductions dominated the post-election political landscape. The Treasury said on Tuesday the October deficit was $120 billion, larger than economist forecasts for a $114 billion gap and up from $98 billion in October of 2011.
Growth in expenditures outpaced rising receipts, deepening the deficit. Outlays grew to $304 billion from around $262 billion in the same month last year while receipts rose to $184 billion from $163 billion."
We have more people on government assistance programs.
At least revenue is up $20 billion over 12 months though. Not nearly enough to cover the outlay though.
Looks like we spend twice as much as we take in.
Oddly this didn't come out prior to the election either. Seems a lot of news coming out right after the election that should have made it's way into the news cycle prior. Must be just one of those odd coinkydinks right?? Lying crooks.
"WASHINGTON (Reuters) - The budget deficit rose in October, the first month of fiscal year 2013, as looming negotiations over expiring tax cuts and imminent spending reductions dominated the post-election political landscape. The Treasury said on Tuesday the October deficit was $120 billion, larger than economist forecasts for a $114 billion gap and up from $98 billion in October of 2011.
Growth in expenditures outpaced rising receipts, deepening the deficit. Outlays grew to $304 billion from around $262 billion in the same month last year while receipts rose to $184 billion from $163 billion."
Screaming up, up and up. We just added another 420,000 more people to SNAP from July 2012 to August 2012.
On average, 0bama has added 343,000 new Food Stamp recipients each and every month, from Jan 2009-August 2012. That's 8 people falling into poverty each and every minute since 0bama has been president
No wonder 0bama was re-elected, he is making life better for the poor, errrr.....ummm... I mean he's been creating more poor. 0bama! 0bama! 0bama!
We need a new 0bama mural, one with 0bama creating 15 million desperate poor, begging for help in this 0bama economy, to feed themselves and their families.
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