Federal Deficit Falls to Smallest Level Since 2008

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  Feb 27, 2014 11:35 PM GMT

  The federal budget deficit fell precipitously to $680 billion in the 2013 fiscal year from about $1.1 trillion the year before, the Treasury Department said Thursday. That is the smallest deficit since 2008, and marks the end of a five-year stretch when the country’s fiscal gap came in at more than a trillion dollars a year.
  
  http://www.nytimes.com/2014/02/28/business/economy/federal-deficit-falls-to-smallest-level-since-2008.html?hp

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• creature
  
  Posts: 5197
  
  
  Feb 27, 2014 11:40 PM GMT

  I was just about to create a thread for this. You beat me to it!
  
  Also in the cited article:
  
  “Thanks to the tenacity of the American people and the determination of the private sector we are moving in the right direction,” said Treasury Secretary Jacob J. Lew in the report. “The United States has recovered faster than any other advanced economy, and our deficit today is less than half of what it was when President Obama first took office.”

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  Feb 28, 2014 4:43 PM GMT

  time for another republican war someplace where ever.
  Wait, we maybe should end the last one?
  
  
  Do i detect a trend Clinton had the economy humming along too
  

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  Feb 28, 2014 5:47 PM GMT

  so I guess the Sequester did work lol

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  Feb 28, 2014 5:52 PM GMT

  as it should

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• rnch
  
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  Feb 28, 2014 7:23 PM GMT

  pellaz saidtime for another republican war someplace where ever.
  Wait, we maybe should end the last one?
  
  
  Do i detect a trend Clinton had the economy humming along too
  

  
  
  
  
  
  Didn't see a problem then; don't see a problem now.

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