Obama on Track to Break Deficit Record for 4th Straight Year

In only nine months, President Obama’s government has spent nearly $1 trillion more than it took in:

The U.S. budget deficit grew by nearly $60 billion in June, remaining on track to exceed $1 trillion for the fourth straight year.

Through the first nine months of the budget year, the federal deficit totaled $904.2 billion, the Treasury Department reported Thursday…

The Congressional Budget Office predicts the deficit for the full year, which ends on Sept. 30, will total $1.17 trillion. That would be a slight improvement from the $1.3 trillion deficit recorded in 2011, but still greater than any deficit before Obama took office.

Don’t you love how the writer tried to spin that?  Well, it’s better than last year.

Remember when the Democrats were decrying Bush’s $500 billion deficits and Obama called them immoral?  Yeah, good times.  Good times.

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About blogs4mitt

Mitt Romney for President!
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