US deficit numbers by year-decreasing under obama from bush's last year in office

[smitty]

What is the Deficit?

: The amount by which the government’s total budget outlays exceeds its total receipts for a fiscal year. â€”US Senate Budget Committee

This year, FY 2014, the federal government in its budget estimated that the deficit will be $649 billion.

Recent US Federal Deficit Numbers

Obama Deficits
FY 2015*: $564 billion
FY 2014*: $649 billion
FY 2013: $680 billion
FY 2012: $1,087 billion
FY 2011: $1,300 billion
FY 2010: $1,294 billion

Bush Deficits
FY 2009†: $1,413 billion
FY 2008: $458 billion
FY 2007: $161 billion
FY 2006: $248 billion
FY 2005: $318 billion
for more years click here

Although the federal deficit is the amount each year by which federal outlays in the federal budget exceed federal receipts, the gross federal debt increases each year by substantially more than the amount of the deficit each year. That is because a substantial amount of federal borrowing is not counted in the budget.

Note:

So, BigGirl, why does the "debt" keep going up?  Let me pick your brain:  How long do you think we as a nation can last with these massive debts?

[Mr. Buddy Garrity]

Bunch of cynical people.  Thats why nobody like yall..LOL!! Always crying and whining about how the government don't work. Yall whine as much as much yall say the people on welfare (supposedly) whine about the government. We live in the same system created over 200 years ago with added additional laws that make our lives easier. Example, Universal Health Care  :D 

 

But we know yall just a bunch of frustrated biddies with underlying problems that run deeper than economics  ;) 

Hmmmmm.....Interesting....

[stevenash]

Dove- speaking of laws that make our lives easier:  Could you explain to me why it is easier to buy Marijuana than it is a big gulp?  Yes, this certainly is a progressive country.