Oct. 31, 2006 -- Does anyone care that the real 06 Federal deficit -- the increase in the
National Debt -- was $574 billion, and not Bush's claimed $248 billion?
When will the media learn that The Bush Whitehouse "deficit" is very different from realty, and that reality is the increase in the National Debt from year to year?
The Bush folks tell us -- and the media repeats without comment or analysis, that the Bush cut the deficit for last year down to $248 billion -- but they never mention that the Bush announced number is after a con job of accounting games.
"On Oct. 11, 2006, President Bush Announced That The Deficit Has Been Cut In Half Three Years Ahead Of His 2009 Goal And That The FY2006 Budget Deficit Was $248 Billion."
10/02/2006 $8,548,384,110,614.28, don't forget first day '07 inc. of $42B
09/29/2006 $8,506,973,899,215.23, increased $574B
09/30/2005 $7,932,709,661,723.50, increased $554B
09/30/2004 $7,379,052,696,330.32, increased $596B
09/30/2003 $6,783,231,062,743.62, increased $555B
09/30/2002 $6,228,235,965,597.16, increased $421B
William Chirolas brings 40 years of real-world business
experience in local, state, national, and international tax, pensions,
and finance to the world of blogging. A graduate of MIT, he calls the
Boston area home, except when visiting kids and grandkids. He can be