How Big is the Federal Deficit – Really?

Citizens for Tax Justice: n July, the Bush administration estimated that the fiscal 2006 budget deficit, including $174 billion borrowed from the Social Security Trust Fund, will be $470 billion. That will bring total federal borrowing over the past five years to $2,449 billion. That $2.4 trillion in borrowing means that from fiscal 2002 through … Continue reading How Big is the Federal Deficit – Really?