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

To: forceOfHabit who wrote (84652)8/7/2007 5:29:18 PM
From: bart13  Read Replies (2) | Respond to of 110194
 



To: forceOfHabit who wrote (84652)8/7/2007 5:31:59 PM
From: redfrecknj  Read Replies (1) | Respond to of 110194
 
FOH

[We are on track to balance the budget by 2012. The Mid-Session Review of the FY 2008 Budget shows that we are on track to achieve a small surplus in 2012.]

It is code for saying ALL spending above revenue by 2012 will be emergency supplemental and off budget and not to be included any budget deficit report.

Fiscal 2006 emergency supplemental off budget items (not including the Iraq war):



heritage.org

ombwatch.org


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