federal deficit was $83.06 billion in November, up 43% from a year earlier

The US Department of the Treasury announced yesterday that the federal deficit was $83.06 billion in November, up 43% from a year earlier and a bit higher than an estimate by the CBO, the AP reports. http://www.washingtonpost.com/wp-dyn/content/article/2005/12/12/AR2005121201632.html

Deficit Jumps After Hurricane Payouts
Associated Press
Tuesday, December 13, 2005; A11
The federal deficit rose sharply in November as spending raced ahead of tax receipts. The Treasury Department said yesterday that the $83.1 billion was the biggest imbalance ever recorded in November.
For the first two months of the 2006 budget year, which began Oct. 1, the deficit was $130.3 billion, 13.1 percent higher than the $115.2 billion deficit during the same period last year.
Most analysts are forecasting that the budget deficit will rise to about $350 billion this fiscal year, reflecting in part increased federal spending for reconstruction in the states devastated by the Gulf Coast hurricanes.
The 2005 deficit narrowed to $318.5 billion after hitting an all-time high of $413 billion in 2004.<snip>

Will be going towards making those interest payments. Time to get out from under those Tbills, they're quickly becoming worthless. We've had to bail out Chrysler, the Insurance industry, and now the government is going to be next.

Just in the interest of getting the record straight, let's use facts.

I'm just mentioning that we the people have had to bail out a couple of industries, and now we're going to have to bail out our government due to the free wheeling free spender in the WH. And perhaps I didn't make it clear, the fifteen percent figure is what the US pays every year on the interest it owes for its debt. And sadly that figure is growing.

the federal government only guaranteed the loans the banks made in case Chrysler defaulted. Which it didn't. It paid back the loans before they ever came due.

they do an audit of the entire federal budget and government. Then we would know exactly how much money comes in every day and how much goes out and where. Also how well it's spent. Funny Congress has passed laws mandating certain accounting standards and transparency levels, yet has never adapted those same standards. Consequently no one has a clue just how much is really coming in versus going out. Worse, it's impossible for any person to just look up such info. Call up Coke and ask them exactly how much they took in and spent last month and they can give you a very detailed breakdown. Congress/the federal government can't do that. Uh yeah that would be a bad thing. The report is nice and ballpark accurate, but ballpark accurate isn't accurate enough.

especially after the Medicare prescription drug bill kicks in starting Jan. 1?

When it gets to $233 billion surplus that Clinton had let me know.