Would a bank be allowed to remain open with books looking like this?
Figures on government spending and debt (last six digits are eliminated). The government’s fiscal year runs Oct. 1 through Sept. 30.
Total public debt subject to limit Jan. 22 – 12,245,872
Statutory debt limit – 12,394,000
Total public debt outstanding Jan. 22 – 12,302,465
Operating balance Jan. 22 – 142,454
Interest fiscal year 2009 – 383,365
Interest fiscal year 2008 – 451,154
Deficit fiscal year 2009 – 1,417,121
Deficit fiscal year 2008 – 454,798
Receipts fiscal year 2009 – 2,104,613
Receipts fiscal year 2008 – 2,523,642
Outlays fiscal year 2009 – 3,521,734
Outlays fiscal year 2008 – 2,978,440
Gold assets in September – 11,041