Thursday, April 11, 2013

Obama only Blows 600 Billion Dollars so far in 2013

With all of the talk about cutting spending let's look at the real numbers from the Department of Treasury so far through Fiscal Year 2013.  Remember the Fiscal Period for the Government runs from October through September.  If there is a monthly surplus that will show up with a negative sign.  So far halfway through Fiscal 2013 the Government has spent 600 Billion more than it has brought in.  By the end of September the Deficit will exceed 1 Trillion Dollars once again.

 
Period Receipts Outlays Deficit/Surplus(-)
Oct-12 184,316 304,311 119,995
Nov-12 161,730 333,841 172,112
Dec-12 269,508 269,699 1,191
Jan-13 272,225 269,342 -2,883
Feb-13 122,815 326,354 203,539
Mar-13 186,018 292,548 106,530


Total 600,484

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