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Politics : I Will Continue to Continue, to Pretend....
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To: Sully- who wrote (9754)5/6/2005 1:28:36 PM
From: Sully-   of 35834
 
The ignored story: Tax receipts swing Fed from deficit to surplus

The QandO Blog
Posted by: McQ on Friday, May 06, 2005

Michael Wade asks (via email) "why isn't anyone talking about this?

Good question:

<<<

The Treasury Department this week reported there would be a $54 billion swing from projected deficit to surplus in the April-to-June quarter, after an unanticipated gush of tax payments poured into the Treasury before the April 15 deadline. That prompted private forecasters to lower their deficit projections for the fiscal year that ends in September.
>>>

From a purely political aspect (and that's the only angle which interests me) I can understand why the Democrats aren't saying a word.

But where in the world are the Republicans? Granted its a quarterly accomplishment, but still, after getting hammered forever about tax cuts and the deficit, where in the world are those PR slackards?

qando.net

washingtonpost.com
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