Reason.com - Free Minds and Free Markets
Reason logo Reason logo
  • Latest
  • Magazine
    • Current Issue
    • Archives
    • Subscribe
    • Crossword
  • Video
    • Reason TV
    • The Reason Roundtable
    • Just Asking Questions
    • Free Media
    • The Reason Interview
  • Podcasts
    • All Shows
    • The Reason Roundtable
    • The Reason Interview With Nick Gillespie
    • The Soho Forum Debates
    • Just Asking Questions
  • Volokh
  • Newsletters
  • Donate
    • Donate Online
    • Donate Crypto
    • Ways To Give To Reason Foundation
    • Torchbearer Society
    • Planned Giving
  • Subscribe
    • Reason Plus Subscription
    • Gift Subscriptions
    • Print Subscription
    • Subscriber Support

Login Form

Create new account
Forgot password

Politics

Yet Another Dispatch From the Budgepocalypse Lookout Post

Peter Suderman | 2.4.2010 7:29 PM

Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL Add Reason to Google
Media Contact & Reprint Requests

The first sentence from the Congressional Budget Office's hot-off-the-presses Monthly Budget Review:

The federal government incurred a budget deficit of $434 billion in the first four months of fiscal year 2010, CBO estimates, almost $40 billion more than the shortfall recorded in the same period last year.

The CBO uses the word "unsustainable" for a reason. If Roland Emmerich directed a movie about the budget, I'm guessing this is what the first act would look like.

(Via Jon Henke's Twitter feed.)

Start your day with Reason. Get a daily brief of the most important stories and trends every weekday morning when you subscribe to Reason Roundup.

This field is for validation purposes and should be left unchanged.

NEXT: Curious Statistic of the Day

Peter Suderman is features editor at Reason.

PoliticsBudget
Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL Add Reason to Google
Media Contact & Reprint Requests

Show Comments (31)

Latest

Federal Immigration Agents Accused of Tear-Gassing Peaceful Protestors, Pointing Gun at Veterans in Chicago

Autumn Billings | 10.27.2025 5:45 PM

This Virginia Company Says Donald Trump's Tariffs Make 'Rational Business Planning Impossible'

Jack Nicastro | 10.27.2025 5:30 PM

The 6th Circuit Upholds a School's Sweatshirt Censorship Because 'Let's Go Brandon' Is 'Plainly Vulgar'

Jacob Sullum | 10.27.2025 4:10 PM

Javier Milei's Party Wins Argentina's Midterm Election, Gaining More Power To Push Reforms

César Báez | 10.27.2025 1:06 PM

Congress Investigates TeaOnHer App for Letting Men Post About Women Without Their Consent

Elizabeth Nolan Brown | 10.27.2025 12:30 PM

Recommended

  • About
  • Browse Topics
  • Events
  • Staff
  • Jobs
  • Donate
  • Advertise
  • Subscribe
  • Contact
  • Media
  • Shop
  • Amazon
Reason Facebook@reason on XReason InstagramReason TikTokReason YoutubeApple PodcastsReason on FlipboardReason RSS Add Reason to Google

© 2025 Reason Foundation | Accessibility | Privacy Policy | Terms Of Use

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Take Reason's short survey for a chance to win $300
Take Reason's short survey for a chance to win $300
Take Reason's short survey for a chance to win $300