>Basically, there is a surplus if the funds brought in exceed the funds
>expended, and there is a deficit if the funds brought in are less than the
>funds expended. The debt is the sum total of all surpluses minus all
So, given that the debt is $175 billion larger, there's a $175 billion deficit, right?
>So of course one can have surpluses when one has debt.
Uh-huh, true but utterly irrelevant. You can have a surplus and have decreasing debts, but you can't (by your own logic above) have a surplus when the debt *increases* by $175 billion.
So where is this mythical surplus?