Deficit falls

[Brad Johnson]

Deficit falls to lowest in years...

http://www.startribune.com/587/story/933132.html


[automatic lib/dem response] It's George Bush's fault!! [/automatic lib/dem response]


oh? .. Huh? ... WHAT??!!


Brad

[Cosmoline]

It's the low dollar's fault, I suspect.   

[Sindawe]

Deficit falls, but debt continues to climb. Today we as a nation are $8,674,334,546,966.89 in the hole.

Where the money goes.



Source: http://www.federalbudget.com/

[Ron]

Obviously we need to start gutting the Department of Health and Human Services.

Then privatize Social Security.

That alone should help.

[drewtam]

Obviously we need to start gutting the Department of Health and Human Services.

Then privatize Social Security.

That alone should help.

Yup.


Note: 90% of Department of Health and Human Services = Medicare & Medicaid

[Ben]

Hokie smokes! I figured HHS to be somewhat of a budget hog, but didn't know they were to that degree. They freakin' need to be cut in half post haste.

Edit: And someone explain to me again why Democrats complain about social programs not getting enough funding when HHS and SS are in the top budget spots???

[drewtam]

I think I've heard the quote
"We won't be happy until its the Air Force that has to hold a bake sale to buy the new bomber."

[cosine]

Edit: And someone explain to me again why Democrats complain about social programs not getting enough funding when HHS and SS are in the top budget spots???

They gotta have some sort of sales pitch for wanting to raise taxes...

[The Rabbi]

U.S. debt as percentage of GDP, which is really the only meaningful figure.  Notice how much higher it was under Truman and has fallen since then.  The deficit and government debt is a non-issue.  What will be an issue is if the government adopts taxing and regulation policies that cut economic growth.