Wednesday, April 6, 2011

LEARN TRUTH - OBAMA HAS LED DEMS ON A SPENDING SPREE THAT IS MIND-BOGGLING

Shocker! Govt Spending Topped $11 Trillion Last Year
By Terrence P. Jeffrey, CNSNews.com

If you look at the historical tables attached to President Barack Obama's latest budget proposal, they say the federal government took in $2.165 trillion in revenues in fiscal 2010 and spent $3.720 trillion, leaving a federal deficit of approximately $1.555 trillion.

This looks like a horror story, of course. Yet the true story is more horrible. To find that story, you have to look at the financial statements quietly posted by the U.S. Treasury on the website of the Financial Management Service....
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