Tag Archives: record deficit

The federal government recorded its worst monthly deficit in history in February.

The day of reckoning looms: The federal government recorded its worst monthly deficit in history in February 2012.

The [Congressional Budget Office] projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011. It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure. Before now, the longest streak on record was 11 months.

Obviously, this record-setting deficit is racist for occurring during the term of Barack Obama.