U.S. 2012 budget deficit crosses $1 Trillion mark *PIC*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

U.S. 2012 budget deficit crosses $1 trillion mark (by Robert Schroeder)

WASHINGTON (MarketWatch) -- The U.S. government's budget deficit for fiscal 2012 crossed the $1 trillion mark in August, the Treasury Department said on Thursday, to stand at $1.16 trillion. The government ran a monthly deficit of $191 billion, Treasury said, spending $369 billion and taking in $179 billion. The year-to-date figure marks the fourth consecutive year of $1 trillion-plus deficits, all under President Barack Obama. The federal government's fiscal year runs from October to September.

Forum Policy

Return to Index