Tag Archives: deficit

Sunday Slips

Viewers were relatively safe from false or misleading tripe on the Sunday morning talk shows yesterday. But we can’t let a couple of statements go unmentioned, one from Mississippi Gov. Haley Barbour and a couple from Rep. Michele Bachmann of Minnesota; both officials are Republicans. Barbour, speaking on CNN’s "State …
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A Texas-size Whopper

Texas Rep. Jeb Hensarling, at a nationally televised meeting of House Republicans in Baltimore, accused President Obama to his face of running up deficits a dozen times greater than the GOP’s. The president said, "That’s factually just not true, and you know it’s not true," and he invited "any independent …
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Obama’s State of the Union Address

President Obama peppered his State of the Union address to Congress and the nation with facts, which were mostly right but sometimes cherry-picked, strained or otherwise misleading. He said “there are about 2 million Americans working right now” because of last year’s stimulus bill. But his own economic advisers say …
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Long Term Debt Forecasts

Q: What’s a good source for the U.S.A.’s long-term debt, annual revenues and expeditures, and long-term deficit forecasts? A: The Congressional Budget Office publishes data on the federal government’s budget – that’s revenues and expenditures, deficits and debt. The Treasury Dept. is the best source for daily debt figures.

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The Budget and Deficit Under Clinton

Q: During the Clinton administration was the federal budget balanced? Was the federal deficit erased? A: Yes to both questions, whether you count Social Security or not.

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