The Congressional Budget Office yesterday projected this year’s deficit will be $1.1 trillion dollars, making it the fourth year in a row that the deficit has broken the trillion dollar ceiling
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The day of reckoning looms: The Congressional Budget Office yesterday projected this year’s deficit to be $1.1 trillion dollars, making it the fourth year in a row that the deficit has broken the trillion dollar ceiling.
In the entire history of the U.S. the deficit never exceeded one trillion dollars, until Barack Obama became president. In fact, it never came close until Obama arrived.
My annual birthday-month fund-raising drive for Behind the Black is now on-going. Not only do your donations help pay my bills, they give me the freedom to speak honestly about science and culture, instead of being forced to write it as others demand.
Please consider donating by giving either a one-time contribution or a regular subscription, as outlined in the tip jar below.
Regular readers can support Behind The Black with a contribution via paypal:
If Paypal doesn't work for you, you can support Behind The Black directly by sending your donation by check, payable to Robert Zimmerman, to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage. And if you buy the books through the ebookit links, I get a larger cut and I get it sooner.
The day of reckoning looms: The Congressional Budget Office yesterday projected this year’s deficit to be $1.1 trillion dollars, making it the fourth year in a row that the deficit has broken the trillion dollar ceiling.
In the entire history of the U.S. the deficit never exceeded one trillion dollars, until Barack Obama became president. In fact, it never came close until Obama arrived.
As high as that is, it is lower than his first one of $1.6t. Not sure where all the people saying $100b a year in Iraq bankrupted us are.