Wednesday, March 02, 2005

The Worsening General Fund Deficit

Here is the current Year over Year deficit number (March 1, 2004 to March 1, 2005). As of March 1, 2005 our National Debt is:

$7,701,629,503,518.55 (that is over $7.7 Trillion)

As of March 1, 2004, our National Debt was:

$7,065,724,603,168.71

So the General Fund has run a deficit of $635.9 Billion and change over the last 12 months. SOURCE: US Treasury

Source: U.S. Treasury Posted by Hello

For comparison:
For Fiscal 2004 (End Sept 30, 2004): $596 Billion
For Jan 1, 2004 to Jan 1, 2005: $609.8 Billion
For Feb 1, 2004 to Feb 1, 2005: $618.6 Billion

It just keeps getting worse.

NOTE: I use the increase in National Debt as a substitute for the General Fund deficit. For technical reasons this is not exact, but it is close. Besides I think this is a solid measure of our indebtedness; it is how much we owe!