“There was no BUDGET deficit in 2001. You are wrong and dense.”
Outlays exceeded income. So, yes... there was.
In 2001, Treasure reported receipts of about $2 trillion, but that includes an “off-budget” line-item for social security to the amount of $507 billion. This on-budget, off-budget treatment began under LBJ.
http://www.socialsecurity.gov/history/BudgetTreatment.html
When you learn to read you’ll find that on and off budget is included in the budget outlays.
Feel embarrassed yet? You should!
SUMMARY OF RECEIPTS, OUTLAYS AND THE DEFICIT/SURPLUS BY MONTH OF THE U.S. GOVERNMENT
http://www.fms.treas.gov/mts/mts1009.txt