How much did the deficit balloon in Obama's first full fiscal year?

[Soral]

I know the answer... Do you?

The U.S. government's fiscal year begins on October 1 (2009) of the previous calendar year and ends on September 30 (2010) of the year with which it is numbered.

That means, this last Fiscal Year... was actually Obama's first full fiscal year he was in control of.

Any guesses?

The answer is $122,000,000,000. 122 Billion dollars.

Oh........ Did I happen to mention thats NEGATIVE $122 BILLION??

________________

The US deficit shrank nine percent last fiscal year but still topped one trillion dollars, the government said Friday in a report seized on by Democrats' rivals weeks ahead of mid-term elections.

For the 2010 fiscal year that ended on September 30, the government had a budget shortfall down 122 billion dollars from the previous year's record-setting high.

Revenue rose and spending fell amid recovery from recession and as President Barack Obama's Democratic administration wound down some of the emergency measures taken to restore growth.

http://www.rawstory.com/rs/2010/10/democrats-shrank-spending-def icit-fiscal-year-figures-show/

[Proud Liberal Dem]

1. Whatever it is

it is surely FAR less than whatever the Republicans are claiming. In fact, I believe that Obama- in his finest hour to date- actually schooled the Republicans on this very topic when he attended their retreat last winter. Of course, I can only speak for what the reality-based community accepts as fact. I have absolutely no idea what it is in the bizarro world the Republicans live in. :eyes: :banghead:

[Romulox]

2. Does that include the President's several War "supplementals"?

By definition, I think not.

[girl gone mad]

3. Not nearly enough.

To get the real economy back to work, the deficit needs to be much higher right now.