Data show that, as of the end of fiscal 2010, the federal government holds about 2.9 trillion dollars in assets and liabilities of 16.4 trillion U.S. dollars; the U.S. federal government budget deficit in the fiscal year'd cash in fiscal 2009 from the $ 1,417,000,000,000 narrowed to 1.294 trillion U.S. dollars, but in view of Obama has just signed on Friday immediately $ 858,000,000,000 total tax cut, in fiscal 2011 and fiscal year 2012 level of government cash budget deficit will still be over USD 1 trillion size.
Next two fiscal years, the high government cash budget deficit, combined with the level of the overall fiscal deficit from 2008's 10.2 trillion in fiscal year rose to $ 13,473,000,000,000 fast, which makes the motion is for the Obama government spending Congress of intense debate Members are more difficult to calm. However, because of Obama's legal expenses are currently running the case in the United States Eastern time at 0:00 on the 22nd due, lawmakers had passed the 21-day night a compromise motion on government spending.
The new bill will ensure that the federal government in the next March 4 the government has discretionary spending. However, the previous 1.1 trillion proposed "comprehensive" spending the motion failed to pass Congress for consideration, only the compromise bill as the basis for the U.S. federal government spending in the next 100 days time, will only be able to maintain basic operating functions, but not with Any additional spending power.
30 yr fixed mortgage rates
interest only loans
interest only loans rates
interest only mortgage rates
quantitative easing
china inflation
china inflation rate