Tuesday, May 8, 2018

Trump Government runs a surplus...

I am sure there is a negative spin somewhere in all of this!
The Congressional Budget Office is reporting that the federal government took in $515 billion in April. With outlays only $218 billion, the $190 billion surprlus represents the largest in history. What's more, the CBO said that the surplus was $40 billion more than expected.
Sure, it's April. Tax season and all. But still the largest in history is still the largest in history.  Suppose we could all agree that it's a good thing?

8 comments:

Myballs said...

That happened because of something obama did 5-6 years ago. Don't you know that?

Anonymous said...

LoL,the 5 liberal stooges of CHT all economic/finacial retards believe what you said is "true".

They all take the benefits of the Trump tax cuts.

wphamilton said...

Not something that happened 4 or 5 years ago, but the CBO Monthly Budget Review (where that came from) explains that the $40 billion more than expected came from income tax from 2017.

Total deficit for 7 months of 2018 is running $382 billion, higher than last year. I don't know about "spin" but those are the facts from the CBO page.

Loretta said...

"explains that the $40 billion more than expected came from income tax from 2017."

Yeah, like CH said...

"Sure, it's April. Tax season and all."

It's like you don't even read what he says.

wphamilton said...

That it's tax season is why it's a surplus, but it doesn't speak to the $40 billion more than expected revenue. Maybe it's you who should read more closely before disparaging.

Anonymous said...

WP, are you going to continue?

Anonymous said...

Suppose we could all agree that it's a good thing?"

Yes, 《《~~well not WP~~》》

Loretta said...

"Maybe it's you who should read more closely before disparaging."

You're right.