PDA

View Full Version : Economics AP: Figures on government spending and debt


Stinger
01-25-2010, 09:40 PM
Figures on government spending and debt
On Monday January 25, 2010, 5:38 pm EST

WASHINGTON (AP) --

Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.

Total public debt subject to limit Jan. 22 12,245,872

Statutory debt limit 12,394,000

Total public debt outstanding Jan. 22 12,302,465

Operating balance Jan. 22 142,454

Interest fiscal year 2009 383,365

Interest fiscal year 2008 451,154

Deficit fiscal year 2009 1,417,121

Deficit fiscal year 2008 454,798

Receipts fiscal year 2009 2,104,613

Receipts fiscal year 2008 2,523,642

Outlays fiscal year 2009 3,521,734

Outlays fiscal year 2008 2,978,440

Gold assets in September 11,041


Copyright 2009 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten, or redistributed without the prior written authority of The Associated Press.


http://finance.yahoo.com/news/Figures-on-government-apf-2178072020.html/print?x=0

Just so we are clear that is ....... $12,245,872,000,000 ....... God help us.

Semi-Serious question ...... are we trying to kill the dollar so we would not have to pay our overseas debt?

Donger
01-25-2010, 09:50 PM
Just keep creeping up to 100% of our annual GDP. F*cking revolting.

Bearcat2005
01-25-2010, 09:52 PM
With numbers like this and no REAL attempt to stop it, its only a matter of time before our currency collapses, then you will see a real depression. Time to starve this beast.

petegz28
01-25-2010, 09:56 PM
Just keep creeping up to 100% of our annual GDP. F*cking revolting.

2008 GDP...14,441,425

If they approve the proposed increase in debt, and you know they will, we will be above our GDP. Fucking sad.

Bearcat2005
01-25-2010, 10:01 PM
2008 GDP...14,441,425

If they approve the proposed increase in debt, and you know they will, we will be above our GDP. ****ing sad.

Isn't the interest something like 8 percent of all federal spending? Awful. Keyensian economic fail since FDR....:facepalm:

The Mad Crapper
01-26-2010, 05:46 AM
Only Robert Mugabe can save us at this point.

Amnorix
01-26-2010, 07:14 AM
Isn't the interest something like 8 percent of all federal spending? Awful. Keyensian economic fail since FDR....:facepalm:

If Keynes said to run a deficit annually until your debt burden becomes so high you can't maintain ti, I havent' seen it.