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How to get the federal deficit under control
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General information
Forum:
Politics
Category:
Economics
Miscellaneous
Thread ID:
00880812
Message ID:
00882546
Views:
77
>>I think with that analogy, it may be more applicable to say that although your debt went up a net $25, it had been going up by a much faster amount before. And in that time period, you took in more than you spent for the first time in a long time, and used some of that surplus to pay your debt.
>
>Also, you do not know if I used a cash advance check from MasterCard to pay down my VISA bill which is not unlike shifting public debt to intragov debt.

If I am understanding you correctly, you are implying that the Clinton administration borrowed from the Intragovernmental Holdings category to make payments in the Public Debt category. Is that what you are saying?
Chris McCandless
Red Sky Software
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