Thu, Feb 23, 2012, 10:07 AM EST - U.S. Markets close in 5 hrs 53 mins

Figures on government spending and debt

Figures on government spending and debt

WASHINGTON (AP) -- Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.

Total public debt subject to limit Feb. 21 15,377,436
Statutory debt limit 16,394,000
Total public debt outstanding Feb. 21 15,419,800
Operating balance Feb. 21 54,841
Interest fiscal year 2012 through January 82,809
Interest same period 2011 75,332
Deficit fiscal year 2012 through January 349,147
Deficit same period 2011 418,756
Receipts fiscal year 2012 through January 789,756
Receipts same period 2011 758,347
Outlays fiscal year 2012 through January 1,138,903
Outlays same period 2011 1,177,103
Gold assets in February 11,041

 
  • FLOYD IN FLORIDA  •  Fort Walton Beach, Florida  •  21 days ago
    Whoops there it is? Hope & Change you got it America!
    CAN YA HERE ME NOW!
    Vote the Bums out of Washington D.C. Nov 2012!
    NOBAMA2012!
  • JustAGuy  •  21 days ago
    According to Wikipedia, the US public debt was $10 trillion in 2008. So, can we conclude Barack Obama, all by himself, is responsible for fully 1/3 of ALL public debt since George Washington?

    Yes, we can!
  • Steve  •  Walnut Creek, California  •  21 days ago
    Hope & Change Economic Depression under B. Hussein Obama...
  • Rascal69  •  San Bruno, California  •  21 days ago
    And yet......there are still Americans who somehow think Obama is worth keeping around. Common sense isn't all that common.
  • NewBikeOldBIKE  •  Sunnyvale, California  •  21 days ago
    Not to worry.. those $ NEW OBAMA BUCKS $ will wipe out all our debt and convert Dollars to Yuan.. noodles anyone?
  • GozieBoy  •  21 days ago
    "the last SIX DIGITS are eliminated" - how soon before that will be nine digits? Obama thinks that these are nothing more than numbers, and that there's really no day of reckoning - at least while he is president...
  • Rolo  •  21 days ago
    I don't think Americans understand how hard it is to control our debt , debt like this gets where it dominates and controls you, at this point there is just no digging out .
  • Rodney K  •  Philadelphia, Pennsylvania  •  21 days ago
    There are many government entities to cut, yet they will probably increase in size:
    Homeland Security-(a George Bush creation)-how is it this country went 226 years without it? We have the CIA, FBI, military intelligence, state police, local police, and each citizen. Do we really need to be told what the terror level is??
    TSA - worthless...how many terror plots stopped? (zero)
    BATF- Out of control thugs. Still remember Waco, Randy Weaver, and now Fast and Furious, where they gave dangerous drug gangs powerful weapons...wonderful.
    Lastly: the current and retired government (congressmen, senators, presidents, civilians) keep their very generous pay and benefits. Where are the cuts in THEIR pay and benefits? Did they not play a part in this financial calamity and should they not SHARE in the suffering of bad decisions they made for us?
  • KarlQ  •  Greensboro, North Carolina  •  21 days ago
    Latest solution from Obama administration: Logarithmic Money! If you spend it quickly, it is worth more! ...save it and it exponentially becomes worthless! The "face value" is the number of zeros to be discarded every tax year.... Don't worry about running out, we can print MORE and MORE each year because they are worth less and less!
    You can get all you want so long as you keep pushing that lever next to the word "Obama", you know, they one with that logo of the sun setting on the American landscape?
    Remember! Obama has brought real CHANGE! (Yea, ...now a copper penny is worth more than gazillion logarithmic dollars!)
    Infinity is such a wonderful concept! ...there's ALWAYS more, no matter how much you waste!
  • Cogito  •  Omaha, Nebraska  •  21 days ago
    The Leftist loosers are driving up our debt at a rate of $150 million dollars every hour. We need to shut down government, get these fools out of there, and hire some economist and accountants if we are to survive. This time we need to drug screen them.
  • sb36695  •  21 days ago
    But Michelle Obama said we were making REMARKABLE PROGRESS on the economy?!
  • paul  •  Fullerton, California  •  21 days ago
    Bill Gross, the manager of the worlds largest bond fund, PIMCO, endorses Ron Paul for president!!!

    Makes sense considering that Ron Paul is the only candidate that has a cogent strategy on dealing with our looming financial crisis.
  • Paul  •  Fullerton, California  •  21 days ago
    GDP was reported last Friday. The growth in output for all goods and services produced in the United States last year grew by 1.7 percent to $15.2 trillion.

    Our debt appears to have eclipsed our output and is growing at a rate far inexcess of our growth. In 2011, our debt grew at 8 percent, we lost our AAA credit rating, and the CBO reported yesterday that in its best case scenario the nations debt would rise to $21 trillion!! OMG!!!

    Ron Paul is the only candidate offering spending cuts. $1 Trillion
  • djw663  •  Penryn, California  •  21 days ago
    Do you idiots that voted for Obama because he was not a Republican and or who voted for him because he was black without checking into his policies and beliefs, like what he has done to this country? Enjoying your lifestyle? Do you like paying double for your energy and food? Bush made a lot of mistakes but 50% of that blame can be put on the two other branches of Gov't controlled by the Democraps. The ideology of Liberalism is a form of communism that I'm sure they will name after this POS of a POTUS. YOU CANNOT SPEND YOUR WAY OUT OF FINANCIAL PROBLEMS #$%$
  • hillcoguy  •  Dallas, Texas  •  21 days ago
    THANK YOU PRESIDENT 0'BAMMY!
    WE COULDN'T HAVE DONE THIS WITHOUT YOU!
  • Mervile  •  Atlanta, Georgia  •  21 days ago
    We were promised Hope and Change. What we got is Dispair and Debt.
  • underrated  •  21 days ago
    At this point it's pick your undesired outcome: A) Immediate cuts in government spending: domestic and overseas in order to balance the budget, or B) Pretend the debt isn't a problem that requires immediate changes and exacerbate the pain that will eventually come Ron Paul promises to cut 1 trillion. No one else has the courage to be honest and tell people that's what we have to do.
  • Moniker  •  21 days ago
    Before the Bush tax plan fully took effect in 2003, federal revenues were $1.8T.

    After four years of having the Bush plan in effect, revenues had risen 39% to $2.5T.

    After Dems took Congress, revenues fell to $2.1T.

    If you don't believe it, look at OMB historical table 7.1 on the White House website.

    Furthermore, the wealthy paid a LARGER share of federal income tax under the Bush plan than they did under the Clinton plan.

    Dems hate facts.
  • gremlockhateliberals  •  Mission, Kansas  •  21 days ago
    "If you Greece me up.......I'll never stop, never stop."

    President B.O.
  • FireObama  •  21 days ago
    This from someone who excoriated Bush on his spending levels.
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