Tuesday 7 August 2012

Federal Government's Debt Jumps More Than $1T for 5th Straight Fiscal Year

(CNSNews.com) - By the end of the third quarter of fiscal 2012, the new debt accumulated in this fiscal year by the federal government had already exceeded $1 trillion, making this fiscal year the fifth straight in which the federal government has increased its debt by more than a trillion dollars, according to official debt numbers published by the U.S. Treasury.
 http://cnsnews.com/news/article/federal-governments-debt-jumps-more-1t-5th-straight-fiscal-year

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