BREAKING NEWS: U.S. Budget Deficit Falls in February from Year Prior


shrinkage smaller

Guess who this breaking news alert is from? Fox Business. But do you think that will stop conservatives and the trolls on Twitter, Facebook, the Internets, the Tee Vee and Radio Machines, and this blog from denying that this news is true?

Times up. The answer is no. They'll read the following sentence and claim it's all a lie, even though it comes straight from Fox:

The U.S. federal budget deficit came in at $203.5 billion in February, slimmer than the $231.7 billion in the same month the year before.

Yes, the budget deficit is continuing to shrink under the evil black Kenyan Muslim commie Marxist president .

chart budget deficit shrinks 4 year low Steve Benen Maddow Blog Oct 2012

We have Dwindling Deficit Disorder. And as Paul Krugman also points out, Yes, We Have To Fix The Deficit Eventually–But Not Now.

The Maddow Blog's Steve Benen:

For the record, last year, over President Obama's first four years, the deficit shrunk by about $300 billion. This year, the deficit is projected to be about $600 billion smaller than when the president took office. We are, in reality, currently seeing the fastest deficit reduction in several generations.