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February 5, 2013
This just in the from the CBO: America still has a debt problem.
- $845B 2013 federal budget deficit has been predicted by the Congressional Budget Office according to a new report from the non-partisan watchdog organization. The bill will likely be held up by conservatives as concrete proof that tax hikes will not be enough to deal with the nation’s financial woes, considering the new CBO report shows the recent increase on households earning more than $450 thousand did little to slow the United States’ debt accrual. source
14:24 // 1 year ago
January 10, 2011
California to Texas: Come, join the Comically Huge Deficit Club!
- $11billion initial estimate of Texas’s budget deficit for fiscal year 2012-13, as of September
- $27billion revised estimate of Texas’s deficit for that year, according to the state’s Comptroller source
21:27 // 3 years ago