KTC> You truly don't understand the difference among debt, deficits, budgets, and spending, do you?
KillTheCat : "It's all one big hodgepodge."
KTC,
It is really not that difficult.
Debt: What you owe.
Deficit : What you are spending more than you
. . . . . . are making.
Budget: A plan to rein in spending so one does not
. . . . . . spend more than one makes.
Spending : Obvious.
Zim.