Friday, May 14, 2010

Federal budget deficit hits April record

The federal budget deficit hit an all-time high for the month of April as government revenue fell sharply.

The Treasury Department said Wednesday the April deficit soared to $82.7 billion, the largest imbalance for that month on record. That was significantly higher than last year's April deficit of $20 billion and above the $30 billion deficit private economists had anticipated.

I refuse to believe that our government, our society and the voters will not demand something be done to balance the budget.

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