*sigh*
When the US Treasury says there was a deficit for a particular month or year or say there was a surplus for a particular month or year, that is simply receipts minus budget outlays.
You are aware that a budget is submitted and passed each year before the end of each fiscal year, right?
You continue to have no clue as to the difference of budget debt, intergovernmental debt, and national debt.
You’re clueless! No other way around it.
“You are aware that a budget is submitted and passed each year before the end of each fiscal year, right?”
Too well.
“You continue to have no clue as to the difference of budget debt, intergovernmental debt, and national debt.”
You continue to believe government numbers. I’m just pointing out that from an accounting perspective, those surpluses DID NOT EXIST.