Thursday, May 13, 2004

Tallahassee Democrat | 05/13/2004 | Federal deficit reaches almost $282 billion
By Jeannine Aversa
THE ASSOCIATED PRESS

Deficit of almost $282 billion in first seven months of budget year

The government ran a deficit of $281.8 billion in the first seven months of the 2004 budget year according to the latest snapshot of the nation's balance sheets. The data released by the Treasury Department on Wednesday showed more red ink than the $202.1 billion shortfall recorded for the corresponding period last year. For the 2004 budget year that began Oct. 1, spending has totaled $1.35 trillion, 7.5 percent more than the same period a year ago. Revenues came to $1.07 trillion - a 1.3-percent increase from a year ago.
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This Administration Simply Doesn't Have A Clue About Anything That Really Matters!!!All they seem capable of is redirecting citizens attention toward some lame attempt at remaking America 2004 into a 50's era Mayberry replica replete with John Wayne male characters, and Stepford Wives. Get Real!!

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