Politics

U.S. Gov. Borrows 46 Cents of Every Dollar it Spends

In a piece of news which is of great importance to all tax-paying Americans, it has been revealed that the U.S. government borrows 46 cents of every dollar it spends—including the billions given away to Israel each year.

According to an article in the Washington Times, the federal government borrowed 46 cents of every dollar it has spent so far in fiscal 2013, which began Oct. 1.

The figures, drawn from the latest data the Congressional Budget Office, showed that the government notched a $172 billion deficit in November, and is already nearly $300 billion in the hole through the first two months of fiscal year 2013,

Higher spending on mandatory items such as Social Security, Medicare and interest on the debt led the way in boosting spending compared with the previous year.

Fiscal year 2013 began on Oct. 1 and so far the government has spent $638 billion and taken in just $346 billion in revenue. That tax revenue is up by $30 billion compared with last year, or about 10 percent.

But spending is up even more — a staggering $87 billion, or 14 percent. The CBO said much of that higher spending total is due to timing of payments month-to-month. Without those shifts, spending would be up $22 billion, or 4 percent.

The agency, Congress’s nonpartisan budget scorekeeper, releases preliminary estimates of the government’s fiscal position each month. Final figures will come later this month from the Treasury Department.

The government is poised to post another $1 trillion deficit in fiscal year 2013, which would mark the fifth straight year. Before that, the record was $438 billion, which came in 2008, President George W. Bush’s last full year in office.

None of the budget crisis has impacted upon the subsidies paid out to Israel, courtesy of the American taxpayer. In fact, if anything, they have actually increased.

The most incredible thing of all is that the U.S. government is “borrowing” all this money from the Zionist-supremacist predator banks in the first place. It is the perfect con: lend the goyim the money which they then give to Israel, and charge them interest to pay it back!

You can almost hear the Jewish Supremacists rubbing their hands with glee at the brazenness of this chutzpah!

“Hav I got a deal for you!”