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Loan Modification

: Mortgage Lender Implode-o-Meter

Federal deficit on track for a record this fiscal year

By Implode-Explode Heavy Industries

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``Mr. Obama?s budget projects that 2011 will see the biggest one-year debt jump in history, or nearly $2 trillion, to reach $15.476 trillion by Sept. 30, the end of the fiscal year. That would be 102.6 percent of GDP ? the first time since World War II that dubious figure has been reached.''

Full post as published by Mortgage Lender Implode-o-Meter on February 15, 2011 (boomark / email).

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