Record federal deficits (Obama, Denver, parties, billion)

[pghquest]

AP story, Federal deficits hit record $176.4B for October, as revenues plunge, spending remains high..

Federal Deficit Hits Record $176.4 Billion For Oct. As Revenues Plunge, Spending Remains High - cbs4denver.com (http://cbs4denver.com/wireappolitics/Federal.deficit.hits.2.1308385.html - broken link)

That would be over $2Trillion for a year if the pattern continues..

[Jadex]

So lets keep spending

Then people have to question why the tea parties keeps going.

This has got to stop

[saganista]

Originally Posted by pghquest

AP story, Federal deficits hit record $176.4B for October, as revenues plunge, spending remains high..

Well, that would be the "record" for the last three months. The deficit this past July was $180.7B. And despite all the whining and screaming, spending for this October was DOWN $10 billion from October 2008...

[pghquest]

Originally Posted by saganista

Well, that would be the "record" for the last three months. The deficit this past July was 180.7B. And despite all the whining and screaming, spending for this Octeober was DOWN $10 billion from October 2008...

Story doesnt say three months, it says October, ok, so the record deficit for "October" is $176.4, but now you are also admitting the record deficit in July of $180.7B... How wonderful.. We have record deficits..

And you think the fact that spending is down $10B is what should be celebrated when we have $175B deficits going on..

Oooh the spinning is histerical...

[saganista]

Actually, it's not a record for October either, as the early November 2008 release for October 2008 showed a deficit of $237.2 billion.

[ergohead]

Originally Posted by pghquest

AP story, Federal deficits hit record $176.4B for October, as revenues plunge, spending remains high..

Federal Deficit Hits Record $176.4 Billion For Oct. As Revenues Plunge, Spending Remains High - cbs4denver.com (http://cbs4denver.com/wireappolitics/Federal.deficit.hits.2.1308385.html - broken link)

That would be over $2Trillion for a year if the pattern continues..

Federal Defects Hit Record $176.4B for October, As Reservists Plunder, Bankers Remain High.

[Chango]

But Bidey said it lots of deficit spending was good ?!

[chielgirl]

Originally Posted by Chango

But Bidey said it lots of deficit spending was good ?!

Bush seemed to think so.
Or do you think this started on 20 Jan 09?
Duh.

[Rggr]

Originally Posted by chielgirl

Bush seemed to think so.
Or do you think this started on 20 Jan 09?
Duh.

Didn't start then, but got worse then.

[chielgirl]

Let's see, Bush went into office with what?
A BUDGET SURPLUS...
He left with what?
A MAJOR DEFICIT...

It's another blame Obama thread.