"In its monthly budget report, the Treasury Department said Friday that the
deficit from October through December totaled $80.4 billion, the smallest
imbalance for the first three months of a budget year since 2002. The budget
year starts Oct. 1.
The Congressional Budget Office is projecting that the deficit for the 2007
budget year will rise to $286 billion, an increase of 15.2 percent from last
year, but that figure could be lowered when the CBO releases its revised
estimate later this month.
Bush, who took office while the country was running record surpluses, saw
the deficit hit an all-time high in dollar terms of $413 billion in 2004."
As usual, the news media only report the amount of the budget deficit (or
surplus, when Clinton was president). The deficit is the amount by which
the national debt has grown in a single year. We citizens also need to know
the national debt, the total amount which the government owes (much of it to
China), which is not usually given. Many people don't know the difference.
Since this administration has no regard for truth, I regard any information
it puts out with scepticism. (Of course, even with honest evaluations, it
takes time for all information to come in, so that there are always later
corrections). People who will change the meaning of scientific reports, to
protect the financial interests of the rich at the expense of the health of
our people and country, cannot be trusted to tell the truth on any topic.
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