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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Investor-ex! who wrote (455)8/23/1998 5:36:00 PM
From: Henry Volquardsen  Read Replies (2) of 3536
 
The budget deficit is not increasing. It has been decreasing rapidly. In fact we registered a budget surplus in the 3rd quarter for the first time since the 70s. This on top of the more common surplus in the 2nd quarter has set us up for a budget surplus for the year. As a consequence the national debt will decrease this year.
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