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The Government Just Posted Its First Four-Month Budget Surplus In Years
Business Insider ^
| 07/11/2014
| Rob Wile
Posted on 07/11/2014 11:34:50 AM PDT by SeekAndFind
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To: SeekAndFind
As we saw in 2001, Deficits seem to fall just before the buildings do.
2
posted on
07/11/2014 11:36:23 AM PDT
by
AppyPappy
To: SeekAndFind
Hmmmm, as this comes from the same gubmit that has lied on virtually everything associated with the economy, unemployment, the IRS, the NSA, etc. etc, please forgive me if I don’t believe a d*med thing coming out of their wretched printers.
3
posted on
07/11/2014 11:37:08 AM PDT
by
Da Coyote
To: SeekAndFind
$71 billion surplus.....How many billions in 17.8 trillion?
To: SeekAndFind
How is this even possible? How do you have a SURPLUS when we’re nearly 20 TRILLION in DEBT?
5
posted on
07/11/2014 11:37:33 AM PDT
by
Diana in Wisconsin
(I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
To: SeekAndFind
Do they explain how we can have a budget surplus when we don’t have a budget ???
6
posted on
07/11/2014 11:37:46 AM PDT
by
jimt
(Fear is the darkroom where negatives are developed.)
To: SeekAndFind
The bloated, unconstitutional $4 TRILLION government beast hasn’t overeaten lately? So what? He needs a radical FORCED DIET and lose at least 80% of his bloated weight.
7
posted on
07/11/2014 11:38:08 AM PDT
by
PapaNew
To: SeekAndFind
For June, the surplus totaled $71 billion. No need to ask Congress for money, Obama will use this Magic Cash
8
posted on
07/11/2014 11:39:25 AM PDT
by
molson209
(Blank)
To: SeekAndFind
What surplus? National debt $17 trillion + and growing.
9
posted on
07/11/2014 11:39:50 AM PDT
by
Jim Robinson
(Resistance to tyrants is obedience to God!!)
To: SeekAndFind
Debt is up, the deficit is down.
We borrowed enough extra to pay on the deficit- let’s celebrate!
10
posted on
07/11/2014 11:40:48 AM PDT
by
mrsmith
(Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
To: Jim Robinson
11
posted on
07/11/2014 11:40:57 AM PDT
by
ConservativeMan55
(In America, we don't do pin pricks. But sometimes we elect them.)
To: SeekAndFind
12
posted on
07/11/2014 11:41:30 AM PDT
by
ColdOne
(I miss my poochie... Tasha 2000~3/14/11))
To: SeekAndFind
Still, Washington is now on pace to record the lowest annual deficit since 2008, with a fiscal year to date deficit of $366 billion. That's 28% less than the shortfall recorded in the same period last year, All is well, folks... the boat isn't sinking as fast as it was last year.
13
posted on
07/11/2014 11:41:49 AM PDT
by
So Cal Rocket
(Task 1: Accomplished, Task 2: Hold them Accountable!)
To: SeekAndFind; butterdezillion
There is no budget.
The nation is functioning on continuing spending resolutions passed by congress..
National Disgrace. Against the Constitution. Blame the Republicans. They never mention it and it's their job.
14
posted on
07/11/2014 11:41:59 AM PDT
by
Kenny Bunk
(The GOP is dying. What do we do now?)
To: SeekAndFind
THERE MUST BE AN ELECTION AROUND THE CORNER!
To: SeekAndFind
The last time I read about this subject the analysis revealed that the bonds were sold and part of the proceeds were used to pay down the deficit.
And I thought then what a sham. It’s like taking your credit card and paying your bills.At the end of the billing cycle, you may show a little extra in the bank. But where did it come from? Tax Revenue or Bond Sales?
16
posted on
07/11/2014 11:42:32 AM PDT
by
Hostage
(ARTICLE V)
To: jimt
Do they explain how we can have a budget surplus when we dont have a budget ???
Easy. Wooden wall. Throw two darts. Measure height difference. There's your surplus.
17
posted on
07/11/2014 11:43:30 AM PDT
by
BitWielder1
(Corporate Profits are better than Government Waste)
To: Diana in Wisconsin
It’s like refinancing a mortgage to bring down your payments.
It’s not a good sign.
18
posted on
07/11/2014 11:43:56 AM PDT
by
mrsmith
(Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
To: SeekAndFind
And, and there's a national election coming up in November.
Talk about your coincidences.
.
19
posted on
07/11/2014 11:45:04 AM PDT
by
Seaplaner
(Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
To: Sacajaweau
We would only need to do this for 251 quarters to clear out the deficit, so just under 63 years.
But don’t get concerned, Obama’s new crises should clear out these nasty surpluses.
20
posted on
07/11/2014 11:47:32 AM PDT
by
LucianOfSamasota
(Tanstaafl - its not just for breakfast anymore...)
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