Deficit Shrinks For Third Year In A Row

[Star]

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Republicans claim the deficit is growing, outta control... but-----but the facts are:

IOWs Republicans are ready, willing and able to go thru with the sequester -- fuck up 100s of
thousands of jobs for-----for a savings of 2 tenths of 1% of the budget---how stupid can Bobby's
stupid party get?---A) TBD.



The Federal Deficit Chart That Should Embarrass The Budget Hawks - Investors.comJed Graham Posted 02/12/2013

Here's a pretty important fact that virtually everyone in Washington seems oblivious to: The federal deficit has never fallen as fast as it's falling now without a coincident recession.​

To be specific, CBO expects the deficit to shrink from 8.7% of GDP in fiscal 2011 to 5.3% in fiscal 2013 if the sequester takes effect and to 5.5% if it doesn't. Either way, the two-year deficit reduction — equal to 3.4% of the economy if automatic budget cuts are triggered and 3.2% if not — would stand far above any other fiscal tightening since World War II.​

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[AmericanFirst]

Sequestration is obamaturds plan. The idiot left and obamaturd needs to stop lying about it.

 

[tyroneweaver]

2 year deficit reduction. if true thank the gop that's in congress
If you're going to blame everything on congress...well, go figure libs.

This reminds me of Cllinton and gingrich.

 

[blackhawk]

The Congressional Budget Office projects just 100,000 jobs will be added per month this year, the jobless rate will remain stuck around 8% and the economy will grow 1.4% if the sequester takes effect, but that may be too optimistic.

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The above was also from the article the OP linked.