The Money Is All Gone
As of May 2011, the US National Debt Clock stood at 14.3 trillion dollars. According to many sources, this is well over 90 percent of the fiscal budget that was made for this year. The government has spent pretty much all of the money that was appropriated for this year, yet there are still 3 more months left on the fiscal calendar. Within the next few months, Congress will have to decide where it is going to get the money to pay it’s debts for the remainder of the year.
