Posts tagged 'deficit financing'

February 19, 2009
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A Trillion Here, a Trillion There, and Pretty Soon We're Talkin' Real Money

deficit financing federal budget federal deficit
The federal deficit for 2009 has already surged past the $1-trillion mark, supposedly for the first time in U.S. history, with the passage of the so-called stimulus plan optimistically named the American Recovery and Reinvestment Act of 2009. But wait, the deficit for 2008, though officially announced as $455 billion, actually topped the trillion mark. How so? Because the feds simply counted m...
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prior overtime exemption rules
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