# CBO: Feds Borrowing \$4.8 billion Per Day in FY 2013, So Far By Matt Cover

CBO: Feds Borrowing \$4.8 billion Per Day in FY 2013, So Far
By Matt Cover

December 7, 2012

(CNSNews.com) – The federal government ran a deficit of \$292 billion for the first two months of fiscal year 2013 – October and November 2012 – amounting to \$4.8 billion of borrowed money each day.

“The federal budget deficit was \$292 billion for the first two months of fiscal year 2013, \$57 billion more than the shortfall recorded in October and November of last year,” CBO said in its Monthly Budget Review Friday

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### So, that'll be \$ 1.75 trillion for fiscal year 2013

Interesting article. Amusingly enough, it forgot to do the maths :

"\$" 4.8 bn x 365 = "\$" 1,752 bn.

1,752 billion "dollars" = 1.75 trillion "dollars".

"\$" 1 , 7 5 2 , 0 0 0 , 0 0 0 , 0 0 0 ... for fiscal year 2013 ALONE

(and assuming this 4.8 bn per day average ... doesn't rise)

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

### Good work calculating what the MSM will not tell us.

Adding that number to the existing debt of \$16.3T will = nearly \$18T
http://www.usdebtclock.org/

You know what they say about a \$T here and a \$T there. More war is just around the corner with these kind of deficits. Ugh!

### Well, if you like looking closer at some figures

Well, if you like looking closer at some figures ... you'll absolutely LOVE what Bob-45 has linked to, and what's at my own comment, there :

http://www.dailypaul.com/265613/here-is-the-gold-market-in-o...

Very current.

Despite the atrociously rampant globalist enslavement, there is also, I believe, a planting of the seeds for a formidable transfer of wealth back to the honest, working people who has been waking up before too late - thank Ron Paul and precious metals (a transfer, yet to fully develop, granted).

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

led by wolves