Uncle Sam runs $114 billion surplus in April (dollars, national debt, security)

[wjtwet]

Originally Posted by DRob4JC

While some are high fiving this... just be aware that extra tax receipts are being taken in to prep for Obamacare operations.

I still wonder if we had a surplus what did we do with it?

[Finn_Jarber]

Originally Posted by wjtwet

I still wonder if we had a surplus what did we do with it?

Why don't you find out?

[DRob4JC]

Originally Posted by wjtwet

I still wonder if we had a surplus what did we do with it?

Paying down on the record debt obviously is not a priority.

[Frank DeForrest]

Originally Posted by Finn_Jarber

Why don't you find out?

Why dont you tell us since you're the one lauding it?
Tell us specifically what good works the state is doing with the overage of workers loot.

[pghquest]

Originally Posted by desertdetroiter

Amazing how good news just can't be good news anymore.

We were told non stop by Democrats for years that if the government ran a surplus, and didnt spend spend spend, the economy would tank...

[pghquest]

Originally Posted by wjtwet

I still wonder if we had a surplus what did we do with it?

its the same thing as lending your mother $5,000 and then when she pays back the $5,000 proclaim that month you had a surplus while ignoring that you have to borrow it from your brother to lend.

[VTHokieFan]

Originally Posted by Finn_Jarber

Uncle Sam runs $114 billion surplus in April - May. 7, 2014

Thanks to lower overall spending and higher tax receipts, Treasury took in $114 billion more than it had to pay out in April, the Congressional Budget Office said.

The U.S. Treasury Department booked a $114 billion surplus in April, the largest for that month since 2008, according to the latest estimates from the Congressional Budget Office released Wednesday.

For the first seven months of this fiscal year, which began on Oct. 1, the CBO estimates the country has racked up a $301 billion deficit, which is $187 billion lower than it was for the same period last year.

Federal coffers saw a 7% increase in individual income taxes and payroll taxes, a 15% increase in corporate income taxes, and a 37% increase in money paid to Treasury by the Federal Reserve.

Thanks Congress!

[wjtwet]

Originally Posted by Finn_Jarber

Why don't you find out?

There is no article showing where it went. If there is a surplus someone had to do something with it

[T-310]

That money should be all that Obama is allowed to spend.

[steven_h]

Originally Posted by VTHokieFan

Thanks Congress!

For all those new taxes.