Don't Blame Me, I Voted For Kerry Message Board

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Politics : Don't Blame Me, I Voted For Kerry

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To: Lazarus_Long who wrote (919)	2/5/2004 9:07:43 PM
From: CalculatedRisk	Read Replies (2) of 81568

I haven't followed the entire discussion, but I saw American Spirit wrote the following (post 897): "Estimates are for 600 billion this year, including war costs, and 850 billion or more next year." The $600 Billion number is about right for the last 12 months (anyone can check this from the link I provided). Of course, the Federal Government's fiscal year is Sept to Sept, so any discussion of the size of the deficit has to be date specific. As far as American Spirit's forecast of $850 Billion, that seems a little high. I've been projecting closer to $750 Billion. My projection is based on: $521 Billion estimate from the Govt + $160 Billion borrowed from Social Security + $50 Billion for Iraq / Afghanistan + misc (because the projections always seem to be low). Still $850 Billion is possible.

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