You must be kidding! President Obama has caused the federal defecit to nearly double since he took office. He has been spending our money like a drunken sailor . . . with all due respect to members of the Navy.
It is increasing the US deficit (debt).
The current US Deficit is $11,042,553,971,450.47 (11 Trillion)
The deficit is always smaller than the public debt.
Trade deficit
The USA has a trade deficit.
NO! a deficit means that the US's expenditures exceed their revenues (money earned from taxes). If the deficit cant be closed at the end of the fiscal year the deficit becomes a Debt.
A:$48,915.74Amount of US deficit$11,042,553,971,450.40American citizens over the age of 18:225,746,457Divide the deficit amount between the amount of adults
The United States began experiencing a serious trade deficit.
An overview of the US deficit can be found in multiple places. Business news sites, such as BNN, have basic overviews of the US deficit, as well as recent information, present on the site. General news sites also have an overview of the deficit, such as the New York Times. Finally, the White House official website also has an overview of the US deficit.
Usually the deficit represents problems the country is facing which may affect university students. There is no direct consequence of a high or low US deficit.
where does texas rank in the u.s.a. when it comes to deficit?
The Bureau of the Census records indicated that in 2004, the United States had a trade deficit with each of its four largest trading partners.