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Posted by: flyonthewallzz 7 months, 1 week ago

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flyonthewallzz7 months, 1 week ago

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http://www.fms.treas.gov/mts/

This is from the treasury department.
I figure you know, that the fiscal year begins Oct.1
(in millions)

Period.. Receipts.. Outlays.. Deficit/Surplus (-)
Oct-08.. 164,848.. 402,024.. 237,177
Nov-08.. 144,782.. 309,179.. 164,397
Dec-08.. 237,811.. 321,435.. 83,624
Jan-09.. 226,109.. 309,924.. 83,815
Feb-09.. 87,328.. 280,111.. 192,783
Mar-09.. 128,957.. 321,230.. 192,273
Apr-09.. 266,232.. 287,139.. 20,907
Totals.. 1,256,067.. 2,231,042.. 974,976
Bush average.. 193,388.. 335,641.. 142,253
Obama average.. 160,839.. 296,160.. 135,321

In Honesty: the monthly treasury reports leaves out some of the TARP spending that is included in this sheet which I accessed from the same page. With that aspect left out it Obama's spending then becomes greater than Bush's, but the deficit becomes less.
Endoscopy I do not think your argument is fair. The numbers are not out yet for May, but I am fairly confident that the deficit will be a more than $500 billion less than the $1.8 trillion you quoted. And I think it is fair to recognize that bush owns $570 billion of that deficit.
The drop in revenue is having a much greater effect on the deficit than spending.

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  flyonthewallzz7 months, 1 week ago
  
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  http://www.treasurydirect.gov/NP/BPDLogin?applicat...
  
  Okay Endoscopy: I just ran some numbers, in case you where talking about growth in the dept instead of deficit.
  This fiscal year as of 5/28/2009 (yesterday) the dept has grown by $1.3 Trillion.
  Public: $1.2 Trillion
  Intergovernmental holdings: $80 Billion.
  
  Between Oct 1 and Jan 20 Bush increased the dept by $604 Billion.
  Public: $500 Billion
  Intergovernmental holdings $104 Billion.
  
  Between Jan 20 and May 28 Obama has increased the dept by $682 Billion.
  Public: $700 Billion
  Intergovernmental holdings: -$26 Billion.* *(negative number)
  
  Obama 128 days..per day $5.33 Billion
  Bush 111 Days..per day $5.44 Billion
  
  By these numbers Obama has contributed less to the growth (as an average) in the dept than Bush did during this fiscal year in spite of having significantly less revenue to work with.
  I think the treasury department is a decent source.
  sorry to get off topic but I get a little retentive when it comes to numbers.
  
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