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Forum Post: Federal Budget Deficits

Posted 6 years ago on Feb. 10, 2012, 10:05 p.m. EST by infonomics (393)
This content is user submitted and not an official statement

Federal budget deficits:

  • for 2012: $1.3 trillion

  • for 2013: $901 billion

  • By 2022, the deficit has been estimated to fall to $704 billion.



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[-] 1 points by gcaorg (19) 6 years ago

Paying interests for this huge debt means moving money from the 99% to the 1%, as long as this system exists it will take money from the 99% until they are not able to pay the interests for their loans anymore then the system will collape. 100% sure to happen just a matter of time.

[-] 0 points by uncensored (104) 6 years ago

A mere 26 trillion of debt by 2022. The US will be long gone by then. Nice job, Libs.

[-] 0 points by Chugwunka (89) from Willows, CA 6 years ago