I think the best thing about this story, is that the politico's haven't spent the surplus yet. How did they let the money slip through their pork greased hands?
This is outstanding news. On another note; could people please stop using "impact" when they mean "effect"?
dems and hanoi john are saddened
I wish they would send me some of it. I want to go to the islands for awhile.
Go back and read the part about the accumulated deficit. June is an aberration because that's when quarterly tax payments are made.
This will serve to bump the thread, and also to remind you that repeating words from the title in the "Keywords" section is unnecessary, as the search feature searches for words in the title by default.
Thank you GWB. We'll be paying for this forever.
"In the Treasury Department's monthly budget statement, June income outpaced spending by $19.14 billion, slightly less than the government's June 2003 surplus of $21.23 billion."
And Kerry will be saying he's disappointed that the US didn't spend more of the surplus.
As a matter of fact I saw this information on every single morning show.......LOLOLOLOL
"I think the best thing about this story, is that the politico's haven't spent the surplus yet. How did they let the money slip through their pork greased hands?"
"The U.S. remains on track for a second straight record annual budget deficit, on the heels of a $374.23 billion shortfall in 2003.
For the first nine months of the fiscal year, which began Oct. 1, the U.S. has an accumulated federal deficit of $326.62 billion, well ahead of its $269.71 billion shortfall at the same point last year."
Headlines are one thing- sometimes it pays to read the entire article before making sweeping statements. Seems the 'pork brigade' in DC have been spending a lot faster than the money is coming in.
What ever happened to the 'Balanced Budget Ammendment' anyhow? Oh how quickly the 'porkers' forget there principles.
This means the gap between the rich and the poor just got bigger.