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The U.S. government ran a $231.7B budget deficit in February, the Treasury Department reports,...

The U.S. government ran a $231.7B budget deficit in February, the Treasury Department reports, up substantially from the $222.5B deficit in the same month last year. Receipts were $103.4B, and outlays were $335.1B. Fiscal YTD, the deficit is $580.8B, $60.4B less than at the same period last year.
Comments (19)
  • The best managed administration....ever!!!
    12 Mar 2012, 02:23 PM Reply Like
  • What would anyone expect, taxes are at a 58 year low, while war spending increases each year.
    12 Mar 2012, 05:25 PM Reply Like
  • Obama let us down. He said we'd be gone from Iraq and Afghanistan by now. He can't help but give out billions if not trillions in free money to the lazy. He then bails out the auto industry (read unions, UAW) and dirty bankers. All he knows how to do is spend. If he's reelected we will be the next Italy, Spain, or even Greece.
    12 Mar 2012, 08:18 PM Reply Like
  • Chop up the credit card.
    12 Mar 2012, 02:25 PM Reply Like
  • News Flash - There is NO budget thanks to Obama et al.
    They can spend all the OPM they like.
    Just keep giving the masses all the free stuff and green jobs they can handle.
    Obama for another 4 year free-for-all?
    12 Mar 2012, 02:32 PM Reply Like
  • It's like they are not even trying !
    12 Mar 2012, 02:34 PM Reply Like
  • Does Seeking Alpha have an emoticon for flipping the bird?
    12 Mar 2012, 02:35 PM Reply Like
  • What budget....they are just spending...everything out of Obamas mouth is an expense...."investment...
    12 Mar 2012, 02:47 PM Reply Like
  • The Cinderella time clock is ticking...
    12 Mar 2012, 03:21 PM Reply Like
  • When you do the math and include the fact there were 29 days this February and 28 days last Feb., the 2 Februarys come out about the same and everyone is way off on thinking this is an issue.

     

    Then over the 1st 2 months, the deficit was reduced 10%! But somehow everyone is overlooking that more important figure. No political spin in these comments, right?

     

    Without throwing any politics over these numbers, it looks like a good job is being done to me, whoever is managing it - all it know is it's more than one person.
    12 Mar 2012, 03:23 PM Reply Like
  • I blame Obama for everything since he is personally responsible for the budget, the wars, and the recession. Also, Pearl Harbor, the Spanish Inquisition, and he personally killed Jesus.
    12 Mar 2012, 04:02 PM Reply Like
  • Obama Haters,

     

    Grow up. It is well known that year over year comparison are difficult because 2012 is leap year.
    12 Mar 2012, 04:55 PM Reply Like
  • I hope you are joking, because this is quite ridiculous.
    ABC poll:

     

    Overall approval: 50/46 in Feb, 46/50 in Mar (8 point difference in the gap)

     

    Economy: 44/53 in Feb, 38/59 in Mar (10 point difference in the gap)

     

    Deficit: 38/58 in Feb, 32/63 in Mar (11 point difference in the gap)

     

    Afghanistan: 53/43 in Feb, 46/47 in Mar (9 point difference in the gap)
    12 Mar 2012, 05:49 PM Reply Like
  • Since Obama started his presidency, we stopped the hemorrhage of jobs, and now employment growth is positive again. This is a fact.

     

    We need more fiscal stimulus, yields are at historic low levels, let's take advantage and rebuild America.
    12 Mar 2012, 06:53 PM Reply Like
  • More stimulus....to further erode the purchasing power of my dollar or to rob me of yield?
    12 Mar 2012, 08:24 PM Reply Like
  • Insanity! Sheer recklessness! Madness!

     

    Your tax revenues only covered 30,86% of your expenditures! Which sane household or business would behave in a similar way?

     

    Did you guys just pass the point of no return? How will this end? There is no way you can increase interest rates now, even if you wanted to. You have painted yourself into a corner. Just imagine trying to have a balanced budget: Ka-pow! there goes the anaemic growth out the window into a deep recession
    12 Mar 2012, 08:59 PM Reply Like
  • schatzi,

     

    Let's be reminded (once again, and many times by yours truly), that Insanity knows no bounds; and that there is no cure.

     

    The American people Love this! As otherwise, why has it got so far, and so deep, and so ferocious? My only conclusion if that it is all self-condoned, self-approved, and self-encouraged. There is no other sane explanation.

     

    Don't stand in front of the Bulldozer!

     

    Cheers!
    TK
    12 Mar 2012, 09:16 PM Reply Like
  • "taxes are at a 58 year low"....Hello, do you live in a bubble? Add it all up. Social security taxes, medicare taxes, sales taxes, state income taxes, license fees, usage fees, etc. All higher! This President has put the pedal to the metal and will say anything and spend everything to get re-elected!
    13 Mar 2012, 06:12 AM Reply Like
  • Brooklyn is the best place on earth ! And, you must know that the Terry330... One of Axelrod's trolls attack decent people on SA the minute there communist redistributor an chief is even mentioned. Why, because if the comment is positive it is an unabashed lie.

     

    99% people cheat on there taxes to live. Now, to become a real honest millionaire you need to make about 90 million to legally keep one million !

     

    Yep. Gotta have a corporation as Americans suit you for anything an everything. So, 35% of the first dollar goes to Sec Timmy. Then you pay yourself an there goes another 35%. Now you have 30 cents left. Then, you have State sales tax. Then you have all sorts of other taxes from property tax to gasoline surcharges.At best if your 100% legal you can keep a dime!

     

    And, democrat an republican pols put 35ooo pages of gimmicks in the Tax Code to let there porkers keep some money ,so, they can contribute to there campaigns.

     

    This isn't new. Dems had 40 years of control of Congress an the USA republic is gone ! And, yes. Republicans to survive had to join in or go away. So, it isn't bad enough the US is financially bankrupt ,with Obama it's now morally bankrupt and beyond salvaging.........

     

    US breakdown !190 million leeches and 50 million children who are on the path to be polluted by the massive teacher unions and liberal college professors. All that's left is the 60 million decent republican people an 10 million illegal's

     

    And, the 190 Million want the few hard working people to pay for there Istuff an contraceptives an F us over ! Sad !

     

    There is always Australia.. At least 20 years before she is polluted with useless lefties !

     

    PS. Polls.. common ! What % of drug addits would vote for free drugs ? Really !

     

    buena suerte. DL
    13 Mar 2012, 06:44 AM Reply Like
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