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Having it all costs money

deficit-us-government.jpg

From AP:

The Treasury Department says the April deficit soared to $82.7 billion, the largest imbalance for that month on record. That was significantly higher than last year's April deficit of $20 billion and was above the $30 billion deficit private economists had been forecasting.

For the fiscal year to date, the budget deficit totaled a shade under $800 billion.


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Recent stories on LA Observed:
Barry Diller's many paychecks
Say hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
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Previous story: Still clueless about debt

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