The Misleader-in-Chief Bush 's funny math excludes the Social Security trust fund, which is running a $177 billion surplus this year. Congress spends it, but doesn't count it as spending. It's officially listed as "off-budget" borrowing. So the deficit is actually about $437 billion, the CBO calculates: the $260 billion official deficit plus the $177 billion borrowed from the trust fund. |
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OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.