Posted on 05/07/2012 5:35:46 PM PDT by TwelveOfTwenty
The federal government broke its record-long deficit streak in April, recording its first monthly surplus since the financial collapse at the end of the George W. Bush administration in 2008, according to preliminary figures Monday from the Congressional Budget Office.
(Excerpt) Read more at washingtontimes.com ...
Just a verbal shell game to fool the sheeple. Since taxes are due by April 15th or so, the treasury normally takes in more in than it pays out in April. Revenue is not received by the federal government in 12 equal installments. One would have to be the dullest knife in the drawer to believe this article when there will be a 1.5 trillion shortfall for the budget year!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.