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US BUDGET DEFICIT DROPS BY $165 BILLION. TAX REVENUES UP! BUDGET SURPLUS SEEN FOR 2007!
The myth persists in some media circles that the federal budget deficit is "surging" or ballooning or something terrible -- all of which is served up as ammunition for those in Congress who want a tax increase. At the risk of being drummed out of the guild, we thought you'd rather have the real story. The deficit has in fact declined by some $165 billion over the past two fiscal years, and according to the most recent data has continued to fall in the first quarter of fiscal 2007. The latest Treasury estimates for January show that tax receipts in December were $18 billion higher than a year earlier, helping to boost the budget surplus for the month to $40 billion, up from $11 billion a year ago. December is typically a good month for revenues due to year-end tax payments. Meanwhile, for the first three months of fiscal 2007 through December, revenues climbed 8.1%, building on double-digit revenue increases in the previous two years. Corporate income taxes were up a remarkable 22.2% in the first fiscal quarter, showing that the government continues to grab a nice chunk of the rising business profits that so many of our politicians like to deplore. Individual income taxes rose 8.8%, thanks to strong wage and salary growth. Much of this revenue comes from "the rich," believe it or not. In the most surprising budget news, federal spending was nearly flat in the first fiscal quarter. This was despite a 22.1% increase in Medicare spending due largely to the new prescription drug benefit, and a 10.7% increase in defense. Those increases were offset by lower spending for flood insurance and disaster assistance compared with the peak of post-Katrina payments a year ago. So the first quarter deficit was $85 billion, down sharply from $119 billion a year earlier. All in all, despite huge outlays for wars in Iraq and Afghanistan, the nation's fiscal picture is brightening. We hate to ruin the press corps's day with such cheerful news, but there it is. |
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US BUDGET DEFICIT DROPS BY $165 BILLION. TAX REVENUES UP!BUDGET SURPLUS SEEN FOR 2007!
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US BUDGET DEFICIT DROPS BY $165 BILLION. TAX REVENUES UP! BUDGET SURPLUS SEEN FOR 2007!
Hey pops the ISP is in Champs-sur-Marne, that ain't far from Paris France where YOU live. You keep plagiarizing news articles and taking credit, someone's going to come looking for you to collect a fee and perhaps extract some punitive damages. Just to make it easy for the Wall Street Journal's goons who are probably looking to make an example and are too dumb to look in the Paris Pages Blanches: Earl & Donna Evleth 5 r. Jean-François Gerbillon 75006 Paris téléphone (01) 45 48 67 20 You have a nice day Bwahahahahahahahahaha!!!!!!!!!!!!!!!!! |
#4
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US BUDGET DEFICIT DROPS BY $165 BILLION. TAX REVENUES UP! BUDGETSURPLUS SEEN FOR 2007!
Earl Evleth wrote: But he DIDN'T! This is another troll by the forger who uses a yahoo address! |
#5
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US BUDGET DEFICIT DROPS BY $165 BILLION. TAX REVENUES UP! BUDGET SURPLUS SEEN FOR 2007!
Careful Evelyn, you're going to spill your martini. |
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US BUDGET DEFICIT DROPS BY $165 BILLION. TAX REVENUES UP!BUDGET SURPLUS SEEN FOR 2007!
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US BUDGET DEFICIT DROPS BY $165 BILLION. TAX REVENUES UP! BUDGET SURPLUS SEEN FOR 2007!
Get a grip on it Evelyn. |
#8
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US BUDGET DEFICIT DROPS BY $165 BILLION. TAX REVENUES UP!BUDGET SURPLUS SEEN FOR 2007!
"Earl Evleth" wrote in message
... On 17/01/07 12:55, in article , "Earl Evleth" wrote: Article heisted from the Wall Street Journal by Steven Bach and posted on alt.activism.death-penalty and rec.travel.europe using an account forged in my name and on soc.retirement using Rita's name ). Both postings had the same ISP 89.156.99.199, Chello.fr located at Champs-sur-Marne next to Gournay sur Marne. Note that full access to this article is for those having subscriptions. (THE FULL WSJ.com ARTICLE IS ONLY AVAILABLE TO SUBSCRIBERS). So Bach is cheating, once more. Since we are also, I have informed that Wall Street Journal of the fact that I am not the cheater, and that the ISP tells it all. The question I have is why didn't you post the article, since you're always posting negative images of the U.S. from articles in the WSJ? Is it your fascist nature to hide anything that might appear positive and only look at the negative in the U.S.? Silly me... of course it is. Even your own wife has mentioned the pain you cause her with your anti-Americanism that doesn't seem to bother you. [1] Come on, Earl... tell us what's really troubling you in your hate for the U.S. It must be something personal to have filled you with such poisonous venom. So much venom that you don't care about any pain your wife feels. [1] Donna's words -- "Earl's continuous, unrelenting anti-Americanism is a source of ongoing embarrassment and pain to me and to others in my family. However I have been to date completely unsuccessful in my efforts to get him to stop." See - http://groups.google.com/group/alt.a...8eb298ff86273e Planet Visitor II Official publisher of AADP Official dictionary http://www.planetvisitor.name/dictionary.html |
#9
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US BUDGET DEFICIT DROPS BY $165 BILLION. TAX REVENUES UP! BUDGETSURPLUS SEEN FOR 2007!
Earl Evleth wrote:
Note that full access to this article is for those having subscriptions. (THE FULL WSJ.com ARTICLE IS ONLY AVAILABLE TO SUBSCRIBERS). So Bach is cheating, once more. Since we are also, I have informed that Wall Street Journal of the fact that I am not the cheater, and that the ISP tells it all. If I understand you correctly, someone is posting off-topic, copywritten material under the name of "Earl Evleth." I'd like to help you any way I can. M.S. |
#10
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US BUDGET DEFICIT DROPS BY $165 BILLION. TAX REVENUES UP! BUDGET SURPLUS SEEN FOR 2007!
What does that have to do with travel in Europe ???
"Mark Andrew Spence" a écrit dans le message de news: ... Earl Evleth wrote: Note that full access to this article is for those having subscriptions. (THE FULL WSJ.com ARTICLE IS ONLY AVAILABLE TO SUBSCRIBERS). So Bach is cheating, once more. Since we are also, I have informed that Wall Street Journal of the fact that I am not the cheater, and that the ISP tells it all. If I understand you correctly, someone is posting off-topic, copywritten material under the name of "Earl Evleth." I'd like to help you any way I can. M.S. |
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