"The Four Questions Every Liberal Must Be Asked"- The Answers-- Fox Nation

[ErikJ]

They're Back! The author answers the questions from his original article Dec. 29th. Lots of rightwing propaganda lies and distortions being spewed. They say NOTHING about all the Republican record deficits since Reagan got elected.

The author: Tony Kondaks is the author of "Why Canada Must End,"

http://nation.foxnews.com/democrats/2011/02/09/four-questions-every-liberal-must-be-asked#ixzz1DUJWTFmn

The strange thing is that he is using year old figures. Probably because Obama's FIRST budget, the 2010 budget, ended Oct 1, 2010 and was $200 billion LOWER than Bush's RECORD BREAKING, LAST budget of 2009!

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The Four Answers

The next step is to correct their answers by crossing out what they've written and, beside it, writing down the right figures. They are:

1) Total spending for the federal budget for 2010 is projected to be approximately $3.6 trillion. The budget comprises total expenditures and total receipts by the federal government.

2) The federal deficit for 2010 is projected to be approximately $1.2 trillion. However, note that in 2009, the deficit was projected to be $407 billion but ended up being $1.4 trillion. The deficit is total expenditures less total receipts (such as income taxes) received. When receipts exceed expenditures, there is a surplus.

3) The national debt at the end of fiscal year 2010 is projected to be $14 trillion. This debt is the accumulation of every year's deficit since 1776 less all accumulated surpluses.

4) The annual interest payment on the National Debt for 2010 is projected to be $164 billion.



Read more: http://nation.foxnews.com/democrats/2011/02/09/four-questions-every-liberal-must-be-asked#ixzz1DUKYs2DP

[Golden Raisin]

1. Is it Passover?

:sarcasm:

[surrealAmerican]

2. No, on fox news ...

... this night is not at all different from any other night.