Showing posts with label US Budget Deficit. Show all posts
Showing posts with label US Budget Deficit. Show all posts

Friday, January 9, 2009

The biggest flood of red ink the world has ever known

How much is $1.186 trillion — or $1,186,000,000,000, written out the long way?

Why do I bring this up? Because that $1.186 trillion figure is the projected 2009 deficit, according to the latest report from the Congressional Budget Office (CBO).

And it is downright scary.