I wonder how much longer this can go on:
The U.S. federal budget deficit jumped 26% in November from a year earlier to $314 billion, a record for the month and the highest since March, the Treasury Department said on Tuesday, driven by sharply higher interest costs and other outlays.
Economists polled by Reuters had estimated the deficit for the second month of the fiscal year would come in at $301.05 billion.
Someone’s got to pay for this:
How big is the federal government? Two measures are the number of civilian employees (nearly two million) and the number of agencies (now exceeding 440). These numbers barely hint at their massive meddling into business activities and the personal lives of Americans.
“The nine most terrifying words in the English language are ‘I’m from the government and I’m here to help.’”
(Ronald Reagan)