Absolutely not. The deficit refers to each annual budget. The debt is the accumulation of the budget deficits/surpluses. Again, no one has yet to explain how we could have these surpluses and yet have the federal debt increase every year even under the Clintons.
>Mark,
>
>Are you confusing "deficits" with "debt" here?
>
>
http://www.kowaldesign.com/budget/>
>>How can you say there were actual surpluses when the Federal deficit increased EVERY DAMN YEAR under Clinton????
Mark McCasland
Midlothian, TX USA