With Oct. 1 marking the beginning of FY 2011, The Committee for Federal Responsible Budget recaps FY 2010:

• Public debt rose from $7.6 trillion to $9 trillion.
• Since February 2009, $570 billion in stimulus funds have been dispersed. The bulk of those funds — $392 billion — were spent this past year.
• The deficit as a percentage of GDP fell from 9.9 percent to 9.1 percent.

  This story is part of our daily DorobekINSIDER Must Reads. Be sure to check out the full list of stories.

Copyright © 2024 Federal News Network. All rights reserved. This website is not intended for users located within the European Economic Area.