Xcamel again you avoid specifics. I am selling nothing but a view of what our children and their children are going to suffer and no amount of cheerleading by you or Kudlow http://www.babylontoday.com/deficit_2005.htm will change that. I know simple subtraction is a difficult process for some of us so I will further attempt to demonstrate the source.
On the TREASURY site for "Debt to the penny and who holds it"
http://www.publicdebt.treas.gov/opd/opdpdodt.htm we find that debt as of 9-2-05 is 7,940 billion. Now subtracting the debt on fiscal year (9-30) end of 04 of 7,379 we find that the U.S. is behind in paying its bills SO FAR this fiscal year by 561 billion. Now subtracting the fiscal year debt for 03 of 6,783 billion from 04s 7,379 we find that the on budget deficit for 04 was 596 billion. Now subtracting the total debt for 02 of 6,228 from 03s 6783 we get 555 billion for 03s deficit. The reason I linked to my own chart of these treasury figures on a monthly basis is because I had to generate it because I could not find it elsewhere to link to.
http://www.babylontoday.com/#monthly_deficit
Please refer to FACTS in reply.
For comparison of annual deficits presented with a view of total historical annual debt I would refer you to this chart which I generated directly from the Treasury link
http://www.babylontoday.com/#debt_chart
A bit more interesting is when you take Microsoft Excel and project the debt forward based on the last 54 years. http://www.babylontoday.com/index.htm#debt_trend Don't blame me, I didn't write the software.
JAFT.
(just another f* troll)