Budget Deficit at $514 billion!!!!

http://news.yahoo.com/report-budget-deficit-drop-514b-150305562--finance.html

that's pretty damn good!!!

nice job Obama!!!!!!

the "deficit crisis" is almost gone.

 

Still got a ways to go before you get it down to the average of the Bush years.

 

But CBO sees the long-term deficit picture worsening by about $100 billion a year through the end of the decade because of slower growth in the economy over the coming decade than it had previously predicted.

From the same article and yes it is great our annual deficit is smaller but think about it what we owe is getter larger. Almost only counts in horseshoes

 

FY 2009's predicted deficit under Bush, was $400 billion.

2008 actual deficit was $454 billion.

 

You have some more deficit reduction to do before you get to that point.

 

about $50 billion to reach pre-Great Recession Levels.

 

Think you can keep it there?

 

Deficits don't matter.

 

nothing is impossible

 

The article says that next year will be the last time that US Federal budget deficits shrink, down to 400-somthing billion dollars.

After that the REAL debt crisis that has been predicted for decades starts to set in for real!!!

Goodbye future!