Tag Archives: deficit

A Bad Joke Or The Greatest Domestic Enemy That We Have Ever Faced?

It’s Official: 2012 Deficit Was $1.087T; $1T+ All 4 Yrs of Obama’s 1st Term The Congressional Budget Office last week released updated historical budget data for the federal government, reporting a deficit of $1.087 trillion in fiscal 2012. 2012 marked the fourth … Continue reading

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+30.5B: Federal Spending Up, Not Down, in First 5 Months of FY13

Federal spending was up $30.5 billion in the first five months of fiscal 2013 compared to the first five months of fiscal 2012, according to newly released data from the U.S. Treasury. The federal fiscal year begins on Oct. 1 … Continue reading

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Having Added Record $5.9T to Debt, Obama Claims He’s Cut Deficit $2.5T

President Barack Obama claimed today that since he has been president both parties have worked together to cut the federal deficit by $2.5 trillion—despite the fact that the national debt has increased $5.9 trillion during Obama’s presidency, which is more … Continue reading

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US August Budget Deficit Soars To $192 Billion, $1.17 Trillion In Fiscal 2012

While the official number from the FMS is not out yet, according to an advance look by the CBO, the August deficit soared from a modest $70 billion to a whopping $192 billion, the highest August deficit in history, and … Continue reading

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Why Are We Not In The Streets?

The following article outlines the true deficit for last year: $5 trillion. This is theft: pure and simple. Why are we not defending ourselves from an out of control government whose goal is to financially enslave us? Until we understand … Continue reading

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