U.S. government starts new year already in deficit
Posted on AllSides November 13th, 2012
From The Right
The federal government began fiscal year 2013 where it ended 2012  deeply in the red, with a $120 billion deficit for October, the Treasury Department said Tuesday.
The latest estimates predict that in 2013, the government will run a trillion dollars in the red for the fifth straight year. In fiscal year 2012, which ended Sept. 30, the government ran a deficit of $1.1 trillion.
Read more: U.S. government starts new year already in deficit - Washington Times http://www.washingtontimes.com/news/2012/nov/13/us-government-starts-new...
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