Budget deficit tops $1 trillion for first time

dara

just half year, it is 1T? wo Kao, 烧钱呀.

it looks like stock market would go up, just like A股, it is all about money driving

http://finance.yahoo.com/news/Bu ... p;asset=&ccode=


In the meantime, the U.S. debt now stands at $11.5 trillion. Interest payments on the debt cost $452 billion last year -- the largest federal spending category after Medicare-Medicaid, Social Security and defense.

Just for the interest alone, each US taxpayer need pay $2000 a year. That is crazy.
And the number is skyrocketing.


It there is another crisis in the future, this would be it.

金牛银熊

balto