The federal debt increased $54.1 billion in the eight days preceding the deal made by President Barack Obama, Senate Majority Leader Harry Reid (D.-Nev.) and House Speaker John Boehner (R.-Ohio) to cut $38.5 billion in federal spending for the remainder of fiscal year 2011, which runs through September.
The debt was $14.2101 trillion on March 30, according to the Bureau of the Public Debt, and $14.2642 on April 7.
Since the beginning of the fiscal year on Oct. 1, 2010, the national debt has increased by $653.4 billion.
1 comment:
Time to focus our fire on the dems who are crapping all over Paul Ryan's plan before it can even get a hearing.
You nailed it: We need to be talking cuts in the trillions, not billions.
Post a Comment