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re: Tax revenues hit all time high for FY 2014

Posted on 8/15/14 at 1:24 pm to
Posted by Taxing Authority
Houston
Member since Feb 2010
57441 posts
Posted on 8/15/14 at 1:24 pm to
quote:

I don't like Obama. I like facts. Fact is the deficits now are lower than they were over a decade ago in terms of real dollars
Really? According to OMB the 2007 deficit was $167B... LINK
Posted by Powerman
Member since Jan 2004
162269 posts
Posted on 8/15/14 at 1:28 pm to
A decade ago = 2004

And depending on where you get your info the data will vary slightly.

The point is a 460 billion dollar deficit is nothing historically large and not anything anyone cared about a decade ago.
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