With all the sensational news hunters in the media today, this little bit of actual news may have slipped by the rader. It’s a fact, not a lie so no one is shouting it from the hilltops. No cattle or guns are involved so this story is, for the most part, swept under the rug.
But did you know that under this president the national deficit has been cut to $492 billion this year?
Bloomberg News reports – The U.S. government’s deficit will fall to $492 billion this year, according to the Congressional Budget Office, a steeper drop than originally predicted from $680 billion in fiscal year 2013.
“This will be the fifth consecutive year in which the deficit has declined as a share of GDP since peaking at 9.8 percent in 2009,” CBO said in a report released today. The 2.8 figure as a percentage of gross domestic product is lower than the 3.1 percent average of the last 40 years, CBO said.
Now back to the real news – Cattle and guns.
