2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 387.98

+1.3%

Nov 28 4:00 PM EST

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To: energyplay who wrote (20478)	7/26/2007 2:48:42 PM
From: KyrosL	Read Replies (1) of 218108

The Federal budget deficit is now only 205 Billion per year It depends on what the definition of deficit is :) The most reasonable derivation of the deficit can be done by subtracting the total US government debt at the end of June 2007 from the total government debt at the end of June 2006. The number is $537 billion, which is two and a half times more than the deficit the Bush administration publicly admits. But the numbers are there for all to see, if they do some digging: $537 billion for the last 12 months. I have no idea how the 205 billion number is being derived. For example, does it include Iraq and Afghanistan war costs? I do know it uses SS trust fund contribution surpluses to fake out the real deficit. By the way, it is now pretty hard to extract the monthly total public debt numbers from the Treasury site. It was pretty easy up until a year or so ago when I last checked before today.

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