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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (65680)	7/9/2006 4:54:58 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 110194

Just think if Clinton and Congress hadn't given billions away free with their $500k tax gift on the sale of a house and Bush hadn't started that crazy mid-east war. Might have a balanced budget and stable economy. ---------------------- Projected US budget deficit shrinks by 100 billion dollars: report Sun Jul 9, 11:18 AM ET WASHINGTON (AFP) - The projected US budget deficit unexpectedly has shrunk by some 100 billion dollars, thanks to an increase in tax revenue from corporations and wealthy Americans. The White House is on Tuesday to release figures showing the budget deficit to be about 100 billion dollars less than projected six months ago, the New York Times reported Sunday An administration official contacted by AFP would not comment on the story Sunday. Corporate tax receipts, as well as those from the affluent Americans, is expected to exceed last year's by some 250 billion dollars, the Times wrote. The daily reported that tax revenues rose about twice as quickly as budget officials in President George W. Bush's administration had anticipated. ----------------------------------