Stimulus payments result in record May deficit - washingtonpost.com:
A flood of economic aid payments pushed the federal budget deficit to $165.9 billion, the highest imbalance ever for May.
The Treasury Department reported Wednesday that the May deficit was more than double what it was in May 2007. Some $48 billion in payments went out as part of the $168 billion economic relief effort to revive the economy and keep the country from a deep recession.
Just another biggest, first-ever accomplishment to note in the long history of the Reagan Legacy, Bush administration and what John McCain would call “progress.”
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