• $125 billion decrease in the deficit over the last year source

• » Of course, if you listen to a lot of conservative candidates this year, you probably wouldn’t know it. For example, Alaska’s Joe Miller proclaims, “the federal budget deficit was $1.4 trillion last year and is on track to be that, or more, this year.” Then again, Miller has already proved himself to be not the most responsible voice on fiscal issues, so perhaps this shouldn’t come as a surprise. Miller’s financial qualms aside, perhaps keep this number in mind next time a Republican decries Obama’s reckless government spending.

Posted by Seth Millstein • Permalink