Mr. Punky Kitten

Speaking truth to old-stream media bias.

Tuesday, July 11, 2006

Deficit dropping faster than predicted

The deficit is shrinking, and revenue is increasing, this because of the Bush tax cuts....

"Strong gains in tax receipts have overwhelmed increased federal spending."

"Indeed, tax collections are surging at a 13 percent growth rate, reflecting particularly strong growth in taxes paid on corporate profits and income taxes paid by wealthier people and small businessmen who pay taxes quarterly instead of having them withheld by employers."

posted by Mr. Punky Kitten @ 7:07 AM   0 comments

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