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The federal deficit: Every second counts big

Released: 
March 23, 2013

Every second of 2011, the federal deficit rose another $41,210. That means it spent $114,253 and took in only $73,043 during that one tick of the clock.

 

How fast is the federal deficit rising? In every second of 2011, the government spent $114,253 while taking in only $73,043 in revenue. That means in each second, the federal government spent $41,210 that it didn’t have. Divided among every man, woman and child in the US, the 2011 deficit amounted to $4,158.