It looks like another Government shut down was averted, quite literally in the 11th hour Friday night. An agreement was reached to fund government operations through the end of September. Only $38.5 billion dollars was cut from the budget, which is a trivial amount compared to the extremely large budget deficit of $1.6 trillion dollars. With the new war in Libya adding costs not calculated in (ranging from $600 million to $1 billion), our annual spending deficit continues to rise.
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