U.S. to run first surplus since 2008: CBO By Robert Schroeder, MarketWatch | The Wall Street Journal
The U.S. government recorded a budget surplus of $58 billion in April, the Congressional Budget Office estimated on Monday, breaking a streak of deficits that began in 2008. The surplus — the first of Barack Obama’s presidency — was the result of both increased tax collection and lower government spending. Before April, the government had not run a surplus since September 2008, the month that the financial crisis struck the U.S. economy. Read CBO report. http://www.marketwatch.com/story/us-to-run-first-surplus-since-2008-cbo-2012-05-07 -- You received this message because you are subscribed to the Google Groups "WebTV Dawgs/Dittos" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/webtv-pals?hl=en.
