It was the National Debt. Groink forgives your slow-wittedness because he can.
No. I wasn`t referring to the total National Debt. Groink is strong, but not THAT strong.
http://www.usgovernmentspending.com/us_deficitWhat is the Deficit?
Deficit: The amount by which the government's total budget outlays exceeds its total receipts for a fiscal year. —US Senate Budget Committee
Or, approximately, the federal deficit is the amount by which the federal debt increases in a single year. See Federal Debt.
Debts and Deficits
Debt Deficit Debt/Deficit
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Recent US Federal Deficit Numbers
Obama Deficits Bush Deficits
FY 2013*: $901 billion FY 2009: $1,413 billion
FY 2012*: $1,327 billion FY 2008: $459 billion
FY 2011: $1,300 billion FY 2007: $161 billion
FY 2010: $1,293 billion
Although the federal deficit is the amount each year by which federal outlays in the federal budget exceed federal receipts, the gross federal debt increases each year by substantially more than the amount of the deficit each year. That is because a substantial amount of federal borrowing is not counted in the budget. See here.
