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<<<I do find interesting that, so far, there has been little response to my first point - that the estimates of any deficit at all may be fundamentally flawed. Do you have any thoughts on that?>>>

The estimates are fundamentally flawed from the fact that they come from the government. When was the last time any government agency has been half way accurate? How do you think the phrase "close enough for government work" got started? You always have some political gain involved somewhere. Some places/people spend all they can and then some because if they don't, in next year's budget they suffer a cut. Negative reinforcement. Do well, be responsible, get punished.

My personal conviction is to lean to the conservative estimates. Pay down the deficit while the getting is good. The government should have to live like the rest of us.

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