Four More Dollars?

The Obama administration wants energy to be scarcer and costlier.

by Pete du Pont

Source: Wall Street Journal

The U.S. Treasury reports that the federal government ran up $870 billion in red ink in the first seven months of this fiscal year. That is $70 billion, or 9%, higher than at the same point in fiscal 2010, which ended up with a record $1.3 trillion deficit.

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