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To: Gaffer

“With the government running a hefty $113 billion surplus in the tax payment month of April, according to the Treasury, analysts now do not expect the country to run out of room under its debt ceiling “
If things are so rosy whats the big deal about borrowing? Why should borrowing go up if their cash flows are so good? This sort of, not directly, addresses what you stated.


9 posted on 05/15/2013 3:09:53 AM PDT by wiggen (The teacher card. When the racism card just won't work.)
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To: wiggen

Some people sold capital assets in late 2012 to avoid the higher tax rates that Obama proposed for 2013.

A lot of the taxes due on those gains was paid in the first quarter of 2013.

Don’t count on a repeat of that “surprise” in the second quarter.


14 posted on 05/15/2013 7:20:13 AM PDT by pfony1
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