Content Tagged As record_deficit
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December budget deficit sets record
January 13, 2010 2:05 PM
The federal budget deficit hit an all-time high for the month of December, and the red ink for the first three months of the current budget year is rising at a more rapid pace than last year's record clip. The Treasury Department said Wednesday that the deficit last month... more » -
Federal deficit hits $1.38 trillion in August
September 11, 2009 3:49 PM
The federal deficit surged higher into record territory in August, hitting $1.38 trillion with one month left in the budget year. The soaring deficits have raised worries about the willingness of foreigners to keep purchasing Treasury debt. The Chinese, now the largest foreign owners of U.S. Treasury securities, have... more »
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