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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 366.09

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Nov 6 4:00 PM EST

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To: TobagoJack who wrote (35635)	6/11/2008 3:24:20 PM
From: Joe S Pack	Read Replies (1) of 217555

The federal budget deficit widened to $165.9 billion in May How come there is no free lunch? Crooks of FED, Clowngress and the Decider have promised us!. By Rex Nutting Last update: 2:01 p.m. EDT June 11, 2008 WASHINGTON (MarketWatch) - The federal budget deficit widened to $165.9 billion in May as the government paid out some $48 billion in tax rebates to individuals, the Treasury Department reported Wednesday. Receipts fell to $124.3 billion in May, down 24% compared with the previous May. Outlays rose 25% year-on-year to $290.2 billion. The May budget deficit was close to the $165 billion forecast by the nonpartisan Congressional Budget Office. -J6P

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