Posted on 05/04/2011 9:22:29 AM PDT by jpl
Was just looking at the Treasury web sites, and at this document here you can see the monthly federal deficit figures going all the way back to October of 1980.
In February and March of this year, the government had an incredible combined deficit of around $410 billion:
Period Receipts Outlays Deficit/Surplus (-) (Figures shown are in millions of dollars)
Feb-11 110,656 333,156 222,500
Mar-11 150,894 339,047 188,153
Yet on the Debt to the Penny website here where you can find the national debt figures over a defined range of time, if you look at the numbers, you can see that the "official" total combined national debt somehow managed to increase only $214 billion over that same period of time. Heck, the official deficit figures for April have not even been released yet, and over the last three months the total combined national debt has "officially" only risen by $264 billion, still nowhere even close to the deficits reported for February and March alone!
So when you read in the mainstream media that "Turbotax" Tim Geither has the capability to play games with the figures to extend the debt ceiling out for a while, now you know that he has in fact quietly already been doing just that since February.
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