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The federal deficit: Every second counts big

Every second of 2011, the federal deficit rose another $41,210. That means it spent $114,253 and took in only $73,043 during that one tick of the clock.

 

How fast is the federal deficit rising? In every second of 2011, the government spent $114,253 while taking in only $73,043 in revenue. That means in each second, the federal government spent $41,210 that it didn’t have. Divided among every man, woman and child in the US, the 2011 deficit amounted to $4,158. 

What do others say?

  • : CBS Money Watch: "Six Scary Facts About the US Budget Deficit" More

  • : Roosevelt Institute: "A World Upside Down? Deficit Fantasies in the Great Recession" More

  • : Bankrupting America infographic: "Fiscal Year 2013 Budget by the Numbers" More

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