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To: Karsus
Government cook the books?

NOW, ABOUT THAT DEFICIT. . .

< SNIP >

Here's what O'Neill wrote on the Treasury Department Web site: "Accrual based financial reporting is critical to gaining a comprehensive understanding of the U.S. Government's operations. For fiscal 2001, our results were an accrual-based deficit of $515 billion in contrast to a $127 billion surplus reported last Fall."

17 posted on 12/18/2002 12:10:50 AM PST by sarcasm
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To: sarcasm
So much for the 'Principled' GWB White House. I just love how GWB is turning out to be almost a mirror image of Clinton White House (minus the sex scandels)
18 posted on 12/18/2002 12:23:55 AM PST by Karsus
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