Thursday, March 20, 2014

Actual deficit for 2013 closer to $1 Trillion, not $680 Billion

Who is prepared to deal with simple facts?

The Government Accountability Office (GAO) recently released its 2013 Financial Report of the United States government.


Despite the Obama administration touting a budget deficit of "only" $680 billion in 2013, the GAO's more accurate accounting shows a total government cost of $3.8 trillion on total revenue of $2.8 trillion.

In other words- the administration wasn't exactly honest with the American people- the deficit was more like $1 trillion, not $680 billion.


The Obama administrationt LIED to us and the GAO has finally ponied up the truth.


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