Debt

The Congress will soon increase the debt ceiling to $13 trillion. When will the Congress realize that spend, borrow, and print is not the greatest way to govern a country?

Deficit

The deficit hit $1.4 trillion for the last fiscal year. The government received $2.1 trillion and spent $3.5 trillion. When will Washington learn to spend only the money they receive?

Money

Federal deficit for Fiscal year 2009 hit an record high of $1.4 trillion, breaking the previous record from last year. Fiscal insanity has gripped the government. Politicians, especially Obama, need to crack down on spending. Wishing thinking, perhaps.

http://news.yahoo.com/s/afp/20091007/ts_alt_afp/financeeconomyusbudget_20091007223238

Defict hits $1 trillion

Budget deficit for the fiscal year has gone over $1 trillion for the first time, biggest deficit ever and we still have 2.5 months to go. By September 31, the Obama Adminstration predicts a $1.84 trillion deficit. I bet it goes even higher.

http://apnews.myway.com/article/20090714/D99DSUG00.html

No Hope, No Change

Last year, fiscal year 2008, the deficit was $455 billion, the worst deficit of US history. However, this year, that record could be crushed as the Obama White House and Congress project could be $1 trillion to $1.5 trillion, if not more. National Debt is currently over $6 trillion and going up.

The fiscal mess we are in today is caused by those in Washington that promise their constituents

everything to get elected and cannot make the hard choices to keep the government fiscally strong. It also does not help that the current President preaches fiscal discipline but has already sign a huge stimulus plan that won't stimulate anything and other legislative bills that spend even more.

When Obama promised hope and change, the change was the money we will have to pay to the government in forms of higher taxation, while the hope was for government bureaucrats who will delight in an ever expanding national government.

http://zfacts.com/p/461.html

http://www.treas.gov/press/releases/hp1213.htm