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Originally Posted by glatt
Only as a percentage. In other words, the pie got bigger, but the chart doesn't show that.
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But I did offer that information as well.
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In fiscal year 2007 federal income was $2.568 trillion and outlays were $2.730 trillion, leaving a deficit of $.162 trillion.
In fiscal year 2009 federal income was $2.105 trillion and outlays were $3.518 trillion, leaving a deficit of $1.413 trillion.
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The amount of borrowing on the income side was the largest change.
@ F&B - I thought congress was in charge of spending? When did this become a presidential issue?