US posts $116 billion surplus for June

http://finance.yahoo.com/news/u-posts-117-billion-budget-180018328.html

Well how about that?

A logical result of moderately higher taxes and decreased spending. Why do you find that amazing? Don't let the guvmint know - they will go on a spending spree....

nochain wrote:A logical result of moderately higher taxes and decreased spending. Why do you find that amazing? Don't let the guvmint know - they will go on a spending spree....

That doesn't reconcile with republican talking points. In republicanland, tax increases reduce revenue while tax cuts increase revenue.

America is finally starting to turn the ship around........it has been a joint effort, and everybody should be happy that we are raising revenue and reducing expenses.

Gotta love govt math.

Let's hope they continue that sequestration. They said before that ever was implemented that it would dramatically reduce spending. Maybe that wasn't just bullshit.

Bob wrote:Let's hope they continue that sequestration.  They said before that ever was implemented that it would dramatically reduce spending.  Maybe that wasn't just bullshit.

       So less...reduced....closed government (sequestration) worked?....The democrats didn't initially sign on to this as being a positive now because it's working they want to take credit?...From the beginning they (some) blamed republicans for this....opinions changed now?....