US Budget Deficit continues to narrow

AP ^ | 5/10/07 | Martin Crutsinger

[Redmen4ever]

WASHINGTON - Federal revenue collections hit an all-time high in April, contributing to a further improvement in the budget deficit for the year.

[Redmen4ever]

Collections running at 11 percent over last year, and expenditures at 3 percent. Hence, continued narrowing of the deficit. At this pace, we'll hit balance in about a year.

[The South Texan]

Bush’s fault!

[BenLurkin]

Lead story on Katie Couric tonight.

Not.

[whd23]

Collections running at 11 percent over last year, and expenditures at 3 percent. Hence, continued narrowing of the deficit. At this pace, we'll hit balance in about a year.

It will balance out just in time for the new president to take credit for it! :)

[SaxxonWoods]

The article made sure to say the improvement is “only temporary.” Don’t remember hearing that when the deficit hit zero temporarily during Clinton’s second term. Clinton got the credit for that deficit reduction, which was brought about by a Republican congress.

[MuttTheHoople]

All this 5 and a half years after the greatest terrorist attack on American soil, and while we're fighting a war against desperate enemies dedicated to destroying the United States:

Oh, and Muslim terrorists as well.

[Capitalism2003]

Yay! We're making a dent!