For a change, Martin Crutsinger's coverage at the Associated Press of the federal government's November Monthly Treasury Statement wasn't completely full of rose-colored baloney.
Crutsinger managed to note how auto-pilot entitlement programs like Social Security and Medicare are bankrupting the country (not in those words, of course). That said, he somehow thought that highlighting a rare and small increase in year-over-year defense spending was worthwhile, while ignoring several other larger percentage increases in other areas. Most importantly, he failed to note that the national debt has increased by far more than Uncle Sam's reported deficits. Excerpts follow the jump (bolds and numbered tags are mine):








