House Republicans expect begin debate on a balanced-budget amendment to the Constitution as early as today. The measure of the, H.J. Res 2, which is part of the debt-ceiling deal Democrats agreed to in August is watered down political cop-out on the part of the Republican leadership. Apparently House Speaker John Boehner thinks this vanilla […]
Federal Spending
Figures on Government Spending and Debt
FYI: Total public debt subject to limit April 16 11,125,587 Statutory debt limit 12,104,000 Total public debt outstanding April 16 11,183,899 Operating balance April 16 257,351 Interest fiscal year 2009 thru February 148,762 Interest same period 2008 198,518 Deficit fiscal year 2009 thru February 764,525 Deficit same period 2008 264,541 Receipts fiscal year 2009 thru […]