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Trivia Tidbit Of The Day: Part 418 -- Tax Revenues Still Outpacing Federal Spending.

Deficit Going Bye Bye-

Federal Fiscal Year 2007 is already 1/3 of the way finished. And deficit elimination, without any tax hikes, is drawing nearer (.pdf):

Without higher taxes, tax revenues were nearly 10% higher in the first four months of FY07, relative to the first four months of FY06. Outlays, meanwhile, increased 2%.

And yet, some people want a tax hike?

Previous Trivia Tidbit: Carbon Emissions & Kyoto.

Posted by Will Franklin · 13 February 2007 05:40 PM

Comments

Posted by: zsa zsa at February 14, 2007 05:39 AM