“That’s been the definition for 233 years... go take up the issue with someone else if you don’t like it. At least I know what they mean when they speak of budget deficits or budget surplus.”
No, it hasn’t.
Keep on defending Gore’s argument.
When the term “budget deficit” or “budget surplus” is used in regards to the federal government is simply means the difference between receipts and outlays.
I can’t help you any more than that.... Sheeze...
Maybe this will help you.
SUMMARY OF RECEIPTS, OUTLAYS AND THE DEFICIT/SURPLUS BY MONTH OF THE U.S. GOVERNMENT
http://www.fms.treas.gov/mts/mts1009.txt