Sard posted: "$10 Trillion Withdrawn From U.S. Treasury This Fiscal Year Alone, Treasury Says (CNSNews.com) - Although the Congressional Budget Office estimates that the federal government will spend $3.563 trillion in fiscal year 2012 and the White House Offi" | | (CNSNews.com) - Although the Congressional Budget Office estimates that the federal government will spend $3.563 trillion in fiscal year 2012 and the White House Office of Management estimates it will be $3.795 trillion, actual withdrawals from the U.S. Treasury have already exceeded $10 trillion. In fact, as of the close of business Wednesday, withdrawals from the Treasury equaled $10,201,615,000,000 for fiscal 2012, which began on Oct. 1, 2011 and will end on Sept. 30. According to the Daily Treasury Statement--the official daily accounting sheet for the federal government—withdrawals from the Treasury exceeded $10 trillion this year on Aug. 30, when they rose from $9.903 trillion to $10.035 trillion. How can this be? Read more at CNS News ... Sard | September 8, 2012 at 2:07 pm | Tags: Federal Reserve, Geithner, U.S. Treasury | Categories: American Culture, American Sovereignty, Communism, Conservatism, Cultural Marxism, Economy, Federal Budget, House of Representatives, Legal/Judicial, Main-Stream Media, Marxism, Monetary Policy, National Debt, National Security, Presidential Campaign, Progressive Movement, Senate, Social Engineering, Social Justice, Socialism, Taxation, U.S. Constitution, Unemployment | URL: http://wp.me/p1SHGG-7aA | | | |
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