Wednesday, August 12, 2009

DEFICIT SOARS; GEITHNER SEEKS
INCREASE IN $12 TRILLION LIMIT

ASSOCIATED PRESS: The government said Wednesday the federal deficit reached $1.27 trillion for the first ten months of the budget year . . .The national debt -- the grand total of accumulated annual deficits -- is now $11.8 trillion, so high that Treasury Secretary Timothy Geithner asked Congress last week to raise the legal limit above the current $12.1 trillion . . . READ MORE

VIDEO: MSNBC
WATCHDOG: GEITHNER MAKING
'$2 BETS ALL OVER THE TABLE'



(Via Huffington Post.)
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Posted by Robert Stacy McCain at 2:22 PM
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