Oh wait, it is...
(CNS News) — The federal government ran a deficit of $929 billion in just the first 8 months of fiscal 2011, which began on Oct. 1, 2010, according to the Congressional Budget Office’s monthly budget review for June.
“CBO estimates that the government recorded a deficit of $929 billion for the first eight months of the fiscaly year,” said CBO.
Last year, the government ran a deficit of $935 billion in the first 8 months of the year, according to CBO.Lovely.
It gets worse...
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