; Fiscal deficit keeps growing - enterprise-journal.com: Opinion

enterprise-journal.com

Opinion

  • McComb, Mississippi
  • www.enterprise-journal.com
    Phone: 601-684-2421
  • Sunday, May 24, 2015

Fiscal deficit keeps growing

Posted: Tuesday, October 2, 2012 2:00 pm

The federal government closed the books Sunday with a $1.1 trillion deficit for the fiscal year, which required borrowing 32 cents for every dollar it spent. The accumulating debt is now at about $16 trillion.

It will be interesting and we hope enlightening to hear what the presidential candidates have to say about this in the nationally televised debate on Wednesday.

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