4 ms·Don't they mean debt? I thought deficit was net increase in debt per year.by ecuzzillo 17y agoDon't they mean debt? I thought deficit was net increase in debt per year.s42 17y agoYou're right. Deficit is d(Debt)/dT.dantheman 17y agoIt's not just debt though, it's entitlements and obligations.karl11 17y agoNational entitlements and obligations are at about 100 trillion dollars (medicare, medicaid, social security etc.). This is based on estimates made by David Walker who was the head of the GAO under Clinton.