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To: babylontoday
FACTS would you? No I suppose not.
deficit so far this year 561 billion
deficit 2003 555 billion
deficit 2004 596 billion
This is the amount of money that our government has come up short of being able to pay its bills in these 3 years. Webster: Deficit - A shortage in amount, esp. of money.

The Congressional Budget Office (CBO) projects the following Total Deficit (-) or Surplus as a Percentage of GDP 2005 -3.0, 2006 -2.1, 2007 -2.0, 2008 -2.0 2009 -1.8, 2010 -1.7 2011 -1.0, 2012 -0.1, 2013-0.1, 2014 0.1, 2005 to 2009 -2.2, 2005 - 2014 -1.3

You can Babble On Today and all the way to 2014 but the facts are the deficit as a GDP percentage will continue to shrink.

17 posted on 09/07/2005 6:10:11 AM PDT by hflynn ( Soros wouldn't make any sense even if he spelled his name backwards)
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To: hflynn

Hey hflynn why don't you try getting information from sources like the GAO U.S. Financial Statement. Did it ever occur to you that the CBO might be just a teensy bit partisan? http://www.babylontoday.com/index.htm#gao_financial It gets better: http://www.babylontoday.com/index.htm#debt_burden and then the drug "benefit" spending that has yet to kick in: http://www.babylontoday.com/prescription_drug_benefit.htm


19 posted on 09/07/2005 6:29:20 AM PDT by babylontoday
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