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kermie July 12th, 2013 1:17am

Are you surprised that the US Government just recorded the biggest ever June budget surplus (meaning we took in $117 billion more than we spent)?

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skinner Wisconsin
07/12/13 5:51 am

And yet the debt is still increasing.

DrReid Ever present.
07/11/13 11:34 pm

No, that has been the standard trend, the deficit is falling pretty quickly.

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suppressedID That is my secret Cap
07/11/13 10:08 pm

Don't worry, we will eventually elect another Republican President who will reverse that.

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kermie gaytopia
07/12/13 7:22 am

Heh heh

kermie gaytopia
07/11/13 8:40 pm

Well judging by these sourpuss comments, I'm happy to see that I have more conservative followers these days than I used to ;)

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wilgeno Saint Paul, MN
07/11/13 8:17 pm

I smell cooked books.

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broncomark often, not what I seem
07/11/13 8:16 pm

Creative accounting. All smoke and mirrors.

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kindocologist Beer is my friend
07/11/13 8:16 pm

At the screwing on many tax payers

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MrMilkdud
07/11/13 6:48 pm

And somehow the government still managed to borrow 137 billion dollars last month.

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suppressedID That is my secret Cap
07/11/13 10:05 pm

That's a standard business practice. Companies sitting on cash do it all the time.

huskermedic Cincinnati
07/11/13 6:42 pm

It is not a surplus when the current budget (which we really don't have) is going to end the year with a deficit. That is the same thing as me saying I got paid $500 today but yesterday I spent $1000. That 500 is already spent.

TomM
07/11/13 6:32 pm

Over half is an accounting gimmick. They transferred $66b from Fannie Mae/Freddie Mac. Even when adjusting for that I don't get how it is a surplus when CBO still projects the year to end with a deficit of 600-700b

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TomM
07/11/13 6:33 pm

If you know please enlighten me.

hitchens Ann Arbor, MI
07/11/13 6:22 pm

I feel like the only purpose of this question is to tell us that we had a surplus last month, seeing as none of us are financial analysts who could possibly forecast a budget surplus or deficit and be surprised by this.

kermie gaytopia
07/11/13 6:24 pm

Thanks for the feedback :)

MJSeals J.D.
07/11/13 6:20 pm

Seeing as we hit 17 trillion dollars of debt this monthwww.usadebtclock.com/

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rightway101 the thought provoker
07/11/13 7:38 pm

Reagan are you a new member to the community or did you just change your name? Sorry to be blunt.

kermie gaytopia
07/11/13 6:20 pm

Well since anybody paying attention has always known that the deficit histrionics have always been a ruse, I'm not surprised. Especially since we've been kicking children out of preschools and such to save money we don't need to save.

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