Archive for October 28th, 2014

The Hidden Deficit


Tuesday October 28th, 2014   •   Posted by Craig Eyermann at 6:58am PST   •   5 Comments

In the U.S. government’s just-completed fiscal year for 2014, there is a very large discrepancy between the “official” size of the budget deficit, $483 billion, and the amount by which the U.S. national debt increased, $1,086 billion (or $1.086 trillion, if you prefer). We’ve been digging through the Monthly Treasury Statements issued by the...
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