Thanks, Obama! Government Posts Biggest Monthly Deficit in History; Future Generations Indebted As Far as the Eye Can See…

The federal government posted its largest monthly deficit in history in February at $223 billion, according to preliminary numbers the Congressional Budget Office released Monday morning.

 

That figure tops last February’s record of $220.9 billion, and marks the 29th straight month the government has run in the red — a modern record.

 

The last time the federal government posted even a monthly surplus was September 2008, just before the financial collapse.

 

From:  http://www.washingtontimes.com/news/2011/mar/7/government-posts-biggest-monthly-deficit-ever/  

 

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