An Ol’ Broad’s Ramblings

March 12, 2007

Tax Cuts Work

Filed under: Economy — olbroad @ 9:11

Federal Deficit Declines Sharply, Down 25 Percent

The deficit for the first five months of the budget year is down sharply from a year ago as the growth in government tax collections continues to outpace growth in spending.

The Treasury Department reported that the deficit from October through February totaled $162.2 billion, down 25.5 percent from the same period last year.
In the current budget year, which began on Oct. 1, the government had larger-than-expected surpluses in December and January.

More money in our pockets, more money to spend, more money collected in taxes, more money into the coffers. What is so hard to understand? It’s a big DUH!



  1. They understand. It just doesn’t fit their outlook. By taxing us, they keep their power and control of us.

    Comment by Billiam — March 13, 2007 @ 7:21

  2. I don’t suppose they’ve ever figured out we are smarter than they give us credit? Well, most of us are. There are still quite a few who are too dumb to live. :/ LOL

    Comment by olbroad — March 13, 2007 @ 8:58

  3. The Dems will ignore this since it goes against everything they stand for…ie. misery for everyone.

    Comment by The Asian Badger — March 13, 2007 @ 12:48

  4. If they want to pay higher taxes, then, by all means, they should. 🙂 I wonder if they are aware that you can actually pay more into the IRS for the sole purpose of government use, by choice? How come those rich lefties in Hollyweird won’t contribute to bringing down the deficit. They sure can afford it! 🙂

    Comment by olbroad — March 13, 2007 @ 12:58

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