...he has more to SPEND!!
US gov't reports $116.5 billion surplus in June.
WASHINGTON (AP) - The federal government on Thursday reported a rare surplus of $116.5 billion in June, the largest for a single month in five years.
http://money.msn.com/business-news/arti ... =ansmony11
Bet Obummer likes this...
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Re: Bet Obummer likes this...
PAY OFF THE DEBT! Its not a surplus unless you have no debt!
This is thanks to the huge automatic spending cuts I would guess.
This is thanks to the huge automatic spending cuts I would guess.
Buy American, the job you save just might be your own.
Re: Bet Obummer likes this...
Can't pay down the debt with it because it's just barely enough to pay for their vacations for 3 more years.E_HILLMAN wrote:PAY OFF THE DEBT!
PS: the article I read about it said it was due to a combination of the automatic spending cuts PLUS TAX INCREASES