This article is about our deficit and is pretty bleak. The government released a report showing the deficit at an unimaginable $247.7 billion. But wait...it is actually much worse.
The federal deficit for 2006 would have been 81 percent higher than the $247.7 billion that was reported two months ago if the government had to use the same accounting methods as private companies.
Apparently this is some weird accounting thing about reporting stuff different ways. Corporations and big companies aren't allowed to use the same method the government used because it is misleading to investors. Go figure.
The real deficit? $449.5 billion. I think I'm going to go cry now.
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