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That Darn Obama

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  • That Darn Obama

    US records biggest budget surplus in 7 years
    With surge of tax payments, US posts biggest monthly budget surplus in 7 years

    By Martin Crutsinger, AP Economics Writer 17 hours ago





    WASHINGTON (AP) -- A flood of tax payments pushed government receipts to an all-time high in April and left the country with the largest monthly budget surplus in seven years.
    In its monthly budget report, the Treasury Department said Tuesday that the April surplus totaled $156.7 billion, up from a surplus of $106.9 billion a year earlier. It was the largest surplus since April 2008.
    Government receipts totaled $471.8 billion, the largest monthly total on record.

    http://finance.yahoo.com/news/us-rec...180931029.html
    Hey .. look at the bright side .... at least you're not a Liverpool fan! - Lazie 2/24/10 Paul Marin -19 is one thing, 20 is a whole other matter. It gets even worse if they win the UCL. *groan*. 05/18/2011.MU fans naah cough, but all a unuh a vomit?-Lazie 1/11/2015

  • #2
    This is excellent news, and it shows once again that you DO NOT have to raise tax rates to increase tax revenue. What you need is the tax rate that supports a healthy, growing economy. I have said this many times here and it is always greeted with skepticism.
    "‎It is easier to build strong children than to repair broken men" - Frederick Douglass

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    • #3
      one of the best presidents in recent times mi she!!

      Infidelity does not consist in believing, or in disbelieving; it consists in professing to believe what he does not believe. Thomas Paine

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