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Politics : Don't Blame Me, I Voted For Kerry

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To: Lizzie Tudor who wrote (61254)5/11/2005 4:37:27 PM
From: Sully-Read Replies (2) of 81568
 
It's that horrific tax "cut for the rich" that's going to
radically cut tax receipts, drive up the deficit & it's
going to ruin our economy!!!!! <VBG>


U.S. April budget surplus swells to $57.71 billion

Wed May 11, 2005 02:07 PM ET

WASHINGTON (Reuters) - The United States posted a greater-than-expected $57.71 billion budget surplus in April, the largest surplus since April 2002, as tax receipts swelled, the Treasury Department said on Wednesday.

Wall Street analysts had expected a $55 billion budget surplus in April, a month when revenues are traditionally higher due to the April 15 income tax filing deadline.

The monthly surplus was more than $40 billion larger than the $17.58 billion surplus the U.S. recorded in April 2004 and put the government on track for a narrower budget gap in fiscal 2005 than the last year.

Government receipts grew to $277.61 billion in April this year compared to $220.09 billion in April 2004.

reuters.com
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