Treasury: Debt Up $0 in August; CBO: But Deficit Was $146B

[Ptarmigan]

Treasury: Debt Up $0 in August; CBO: But Deficit Was $146B
http://cnsnews.com/news/article/terence-p-jeffrey/treasury-debt-0-august-cbo-deficit-was-146b

(CNSNews.com) - The federal deficit increased by $146 billion in August, according to a report released today by the Congressional Budget Office. But, at the same time, according to the U.S. Treasury, the federal debt did not increase at all during the month.

Total federal receipts were $185 billion during August, according to the CBO, while total federal outlays were $331 billion. Thus, the Treasury was forced to engage in $146 billion in deficit spending.

Despite this deficit spending, the Treasury reported that at the close of every single business day in August, the federal debt subject to a legal limit by Congress remained exactly $16,699,396,000,000.

How does the deficit not rise by $0???????????????? 

[thundley4]

DUmmie math is the only explanation.  I hate to see what the National debt zooms to when they finally tell the truth.

[Chris_]

Chicago tricks that make Enron bookeeping seem honest by comparison.

[Dori]

So the CBO and the Treasury keep separate books?

That's like the unemployment numbers going down, while the numbers of people dropping out of the labor force are going up.

[Bad Dog]

Drudge has been keeping track and, a while back it was up to 100 days the national debt had stayed exactly the same.