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To: RWGinger

It says deficit in the title of the article and the article is about the deficit (and claims being made about it).


8 posted on 01/21/2015 1:53:40 PM PST by Lorianne (fed pork, bailouts, gone taxmoney)
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To: Lorianne

Yes exactly I said the article is about the deficit and it is about the DEFICIT but your graph shows the DEBT.
The deficit is the difference between the budget and what the gov’t revenues are.
But THE Debt is the accumulation of all the deficits added together PLUS even more.

So the article is correct the deficit shrunk by the 400 or so billion, That only means we lost less money that estimated.
Yet You are also right, Our debt for the fiscal year 2013 IS over a trillion.


9 posted on 01/21/2015 2:37:12 PM PST by RWGinger
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