ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN PROF. SKOSPLES' ECONOMIC SYSTEMS COURSE AT OHIO WESLEYAN UNIVERSITY
Saturday, December 11, 2010
November federal budget deficit highest on record
This article is talking about how the United States deficit had largest gap increase ever in the month of November. It is going to raise even higher with Obama's tax breaks for the next two years. The deficit ended up raising $150.4 billion in November and the two year tax cut plan is said to be worth $855 billion. This article makes you wonder if the tax breaks are a good idea at this time where the U.S. is in such a hole and we are just digging ourselves deeper and deeper. It is something that really needs to be looked at and we need to get out of this deficit and stop spending money that we do not have.
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2 comments:
beat me to it i see im sure we were writing this at the same time haha
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