U.S. Budget Gap Exceeds $1 Trillion for Fiscal Year

http://www.scribd.com/doc/16987142/Rothschild-Timeline-iamthewitnesscom

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July 13 (Bloomberg) -- The U.S. budget deficit topped $1 trillion for the first nine months of the fiscal year and broke a monthly record for June as the recession subtracted from revenue and the government spent to rejuvenate the economy.

The shortfall for the fiscal year that began Oct. 1 totaled a record $1.1 trillion, the Treasury said in Washington. The excess of spending over revenue for June was $94.3 billion, the first deficit for that month since 1991, according to data compiled by Bloomberg.
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