Face the Facts USA: A luxury SUV's worth of red ink every second
Monday July 30, 2012
Each day in the 100 days leading up to Election Day, The Berkshire Eagle and Face the Facts USA will be partnering to bring you one exhaustively researched and vetted, non-partisan fact about a major issue facing our nation.
Here's fact No. 1:
How fast is the federal deficit rising? In every second of 2011, the government spent $114,253 while taking in only $73,043 in revenue. That means in each second, the federal government spent $41,210 that it didn't have. Divided among every man, woman and child in the U.S., the 2011 deficit amounted to $4,158.
Learn more about this issue at Face the Facts USA.
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