PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: jlallen who wrote (173243)	8/21/2001 6:07:00 PM
From: Ish	Read Replies (3) of 769670

My oh my. Washington, Aug. 20 (Bloomberg) -- The U.S. government unexpectedly posted a budget surplus for July as Democratic lawmakers ready for a battle with President George W. Bush over the impact of tax cuts on Social Security and spending. The $2.5 billion excess of receipts over expenditures reported by the Treasury for last month contrasts with the $1 billion shortfall analysts had expected. A booming economy led the government to post an unusual $5.1 billion surplus in the previous July, a month in which deficits have been typical. quote.bloomberg.com

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