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Deficit Shrinkage 

By: weco in FFFT3 | Recommend this post (1)
Sat, 12 Jul 14 10:54 PM | 97 view(s)
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Msg. 00249 of 65535
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"Bolstered by a strengthening economy and job market, the U.S. budget deficit has continued to shrink, reaching its lowest level for the fiscal year to date since 2008.

The deficit declined to $366 billion for the period from October 2013 through June 2014, according to the Treasury Department. That’s 28% percent lower than the deficit for the same nine months last year. The government had a small monthly surplus of $71 billion in June. "


http://www.msnbc.com/msnbc/us-deficit-continues-shrink?cid=sm_facebook_20140711_lowestdeficit1

In other words, when the wingnuts spew that the President has expanded the deficit, they're lying. Not that that will stop 'em.


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