US budget gap widens, tops $1 trln for 3rd year

Pedro Nicolaci da Costa
Reuters
October 14, 2011

The U.S. budget gap widened slightly in fiscal 2011, staying above $1 trillion for a third straight year and providing fodder for a political battle over taxes and spending ahead of next year’s presidential election.

The Treasury Department report on Friday comes just over two months after an epic showdown over the nation’s debt ceiling that pushed the United States close to a debt default and led to a downgrade of America’s prized AAA credit rating.

The shortfall in September, the final month of the fiscal year, widened to $64.57 billion compared to the same month a year earlier, although it came in at a few billion dollars less than economists had projected. The annual deficit was $1.299 trillion, up from 1.294 trillion in fiscal 2010.

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3 Responses to “US budget gap widens, tops $1 trln for 3rd year”

  1. John McCain

    WE CAN TOGETHER – Fight Fire With Fire Against The American Presidnet.

    The Writ Of Madamus, We The People Command You!!

    EACH OF THE FIFTY STATES- and Senate, and The Congress, by Acting Majority, can Issue A Subpoena.

    The President, Barack Obama,

    The Secretary of State., including Hilary Rodham Clinton.

    Fast N Furious:

    The first any executive move requires the “Signature” of the President, to engage in any federal investigation that involves the federal authorities in any level of government., that meaning, President or US Secretary, the Obama administration. – including his meetings held with “Felipe Calderone,” when he last visited Mexico. Just last year – and comment directed towards the Mc-cain State, wherefore, the president refusing to comply by the rules of the united states authorities, and all laws of the United States MJC and all Civil and Criminal Codes. The order of a judiciary review can be decided by an independent council – of the Federal US Supreme Court., and move to special consideration, giving all temporary authority to “Joe Biden: as acting US President., according to all laws in review found in article 2 sect 3, US Constitution, for failing to defend the border and homeland security bi-laws that was designed protect all the American people.

    In Addition – Barack Obama , He just , received, a said, $70 million dollars towards his campaign. The unlimited funding of failing to expose your trade investors is against the international trade laws.

    A “Pyramid Schemes” !!

    That it is not tainted by funding intentions, to mislead; and used for other practices – other than election!!

    That the solicitation is intentionally meant for the campaign; and all funding must be disclosed / in compliance to ALL state and federal laws. Without any such violations that are required, by all state and federal laws/ and / did not violate the judiciary process.

    That the funding of the said $70 Million In One Day can be frozen by an US FEDERAL Court order.

    The US Supreme Court has the “Duty” Of upholding the “Constitutional Integrity,” of our system or that it’s campaign funding was not obtained legally by any off shore money laundering account, that would impose to be a possible bribery , deception, and monies used to commit any series of crimes, and interference in the laws of Geneva convention, and off shore money laundering accounts in other countries, That other wise could be used to promote unlawful activity and public solicitation; Bribery; that in order to gain access to collect dividends for his campaign funding.

    The Federal US Supreme Court to prevent corruption at any level of government!!

    The President Of The United States, He Must Prove, that any such violations, omissions, that either did or did not occur, and that in any such omissions do not impose upon the colour, of the State and Federal laws and his sworn oath as acting president of the United States of America .

    Very Important – Clean Elections.

    End Of Report, Robert Lane Aiassa, Y.O.G.I., 10/14/2011

  2. MAN, THAT IS A LOT OF TOILET PAPER.

  3. FIRST!!

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