US federal budget deficit jumps 12% in one year to nearly $2 Trillion

193 points · 196 comments on HN · read original →

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What commenters are saying

Many commenters see the deficit as unsustainable, with some blaming both parties for lack of fiscal discipline. A correction notes that the $1 billion/day estimate for Iran-related costs was never reached; CBO put it at $7 billion/month. A recurring split: Republicans are worse for deficits when in power, while Democrats have historically reduced them. One user cites Clinton's 2000 surplus, though others argue Republican Congress and dot-com boom were key factors.