U.S. Annual Budget Deficit Smallest in Nearly Seven Years

Wall Street Journal ^ | 10/09/2015 | NICK TIMIRAOS

[Eva]

You do realize that the deficit and the debt are not the same thing, don’t you?

All that a reduction in deficit means is that the debt grew at a slower rate. While a deficit reduction sounds good, it is really only less bad.

[SeekAndFind]

RE: You do realize that the deficit and the debt are not the same thing, don’t you?

All that a reduction in deficit means is that the debt grew at a slower rate.

______________________

Well yes, better than at a faster rate.

This gives us a little breathing room for a hopefully, clean 2 house, executive branch sweep in 2016 so that we can now seriously tackle the problem.

[Eva]

No, there is I breathing room, Obama still wants to raise the debt ceiling. The s budget proposal to not raise the debt ceiling is an attempt to excuse feckless GOP Old Guard for not trying to defund Planned Parenthood.

[griswold3]

I like your chart best. At least it reflects the actual 2001 non surplus.
(The budget showed a surplus BUT there was $77B deficit!!??)

[Pollster1]

I’m not a fan of lies, even when the selected accounting method is the source of the lie. If your debt is going up, you don’t have a surplus no matter what the accountants claim.

It’s like Planned Parenthood claiming only 3% of their procedures are abortion, when 94% of their interactions with pregnant women include an abortion and that is the majority of their revenue.