Articles Tagged ‘$1.42 Trillion’

Federal Deficit Surges to $1.42 Trillion in 2009

WASHINGTON (AP) — What is $1.42 trillion?

It’s more than the total national debt for the first 200 years of the Republic, more than the entire economy of India, almost as much as Canada’s, and more than $4,700 for every man, woman and child in the United States.

It’s the federal budget deficit for 2009, more than three times the most red ink ever amassed in a single year.