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The U.S. government ran a budget deficit of $91.8 billion in December, marking the 15th straight month in which outlays exceeded receipts, the Treasury Department reported Wednesday.
The December figures bring to $388.5 billion the deficit for the first three months of Washington's 2010 fiscal year. That's on top of a staggering $1.4 trillion budget shortfall for fiscal 2009, more than three times the size of the deficit that the government ran in 2008. The federal deficit for December 2008 was $51.7 billion.
Bush left the office with 51.7B deficit and Obama increased our deficit to 1.4T in 1 year. Bush is looking good every day.
What the hell has Obama cut??? Jobs is all he 'cuts'.
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