by Calculated Risk on 3/02/2005 03:06:00 PM

Here is the current Year over Year deficit number (March 1, 2004 to March 1, 2005). As of March 1, 2005 our National Debt is:

$7,701,629,503,518.55 (that is over $7.7 Trillion)

As of March 1, 2004, our National Debt was:

$7,065,724,603,168.71

So the General Fund has run a deficit of $635.9 Billion and change over the last 12 months. SOURCE: US Treasury

Source: U.S. Treasury 

For comparison:
For Fiscal 2004 (End Sept 30, 2004): $596 Billion
For Jan 1, 2004 to Jan 1, 2005: $609.8 Billion
For Feb 1, 2004 to Feb 1, 2005: $618.6 Billion

It just keeps getting worse.

NOTE: I use the increase in National Debt as a substitute for the General Fund deficit. For technical reasons this is not exact, but it is close. Besides I think this is a solid measure of our indebtedness; it is how much we owe!