Yes, the Federal Deficit is Shrinking. Dramatically.


by Michael Collier on Oct 8, 2013 | Views: 125 | Score: 0
Billions of Dollars
2008459
20091413
20101293
20111296
20121087
2013642
Federal Deficit (in billions)
Sources: motherjones.com
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Michael Collier
Michael Collier on Oct 8, 2013 4:09 PM said:

According to a new poll, 54 percent of the public disapproves of Barack Obama's handling of the deficit. And yet, the deficit is actually shrinking dramatically. Last year it dropped by $200 billion, and this year, thanks to a recovering economy, lower spending, and the increased taxes in the fiscal cliff deal, it's projected to fall another $450 billion.