Intel Corp (INTC)

[Windsock]

The deficit you are citing was the "budget deficit" which was much less than the actual deficit increase is revealed by an increase of the federal debt of about $5.5T over 8 years. The smaller "budget deficit" was achieved through accounting tricks and lots of off budget spending. The spending for the two wars was always placed in a supplemental spending bill and did not count as part of the "budget" but the war spending certainly did count in the overall deficit.