The US treasury just debunked years of Fox paranoia about the federal deficit

[kpete]

New Data Debunks Years Of Fox News Paranoia About The Federal Budget Deficit
Treasury Data Show Federal Budget Deficit At Lowest Point Since 2007



[Department of the Treasury, 10/15/15]

WSJ: Deficit Falls Below 40-Year Average.

On October 15, The Wall Street Journal reported on the Treasury's deficit numbers and noted that the deficit as a percentage of GDP is now below the average for the last 40 years, and has been consistently declining since 2009:

The budget shortfall fell to its lowest level since 2007 during the fiscal year that ended Sept. 30, the Treasury Department said Thursday. The deficit declined 9% from the prior year to $439 billion--around 2.5% of gross domestic product and below the average the U.S. has run over the past 40 years.




http://mediamatters.org/research/2015/10/19/new-data-debunks-years-of-fox-news-paranoia-abo/206262

[hifiguy]

1. Facts bounce off Faux viewers

and assorted RWNJs like bullets off of Superman. It will make no difference.

[Angry Dragon]

2. so true

[Stuart G]

3. Thanks for this one...clear so anyone could understand..even the pukes..k and r.