October 2007: What about that "budget deficit"?
“Just last week, the Office of Management and Budget reported that the deficit in the 2007 fiscal year, which ended Sept. 30, fell to $163 billion, barely half of what it was two years ago and the lowest in five years.
While still a hefty chunk of money, the deficit now represents just 1.2 percent of the overall economy, lower than the average rate over the past four decades.” (Lame Duck? Not So Far)
PS: You can listen to my show (Canto Talk) and follow me on Twitter.
Source: http://cantotalk.blogspot.com/2018/08/october-2007-what-about-that-budget.html
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