Federal Spending & Revenue

By Jayson ~ May 10th, 2006 @ 3:30 pm

The gummint on Wednesday gave an update on federal spending and revenue.

Here are the highlights:

$ 119 billion = Government surplus in April 06.

11% = Decrease in monthly federal spending (April 05 v. April 06).

13% = Increase in monthly federal tax receipts (April 05 v. April 06).

22% = Year-over-year decrease in the annual federal budget deficit.

Go figure.

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