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To: Favor Center

When you learn to read you’ll find that on and off budget is included in the budget outlays.

Feel embarrassed yet? You should!

SUMMARY OF RECEIPTS, OUTLAYS AND THE DEFICIT/SURPLUS BY MONTH OF THE U.S. GOVERNMENT
http://www.fms.treas.gov/mts/mts1009.txt


202 posted on 12/08/2009 12:37:50 PM PST by avacado
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To: avacado

“When you learn to read you’ll find that on and off budget is included in the budget outlays.”

The deficit/surplus thing includes them. The difference between SS outlays and receipts off-budget is by law invested in Treasuries. These liabilities are counted as INCOME for the purposes of computing deficits or surpluses, but the are NOT INCOME.

“Feel embarrassed yet? You should!”

There’s nothing less becoming than ignorant arrogance. Perhaps you should look into fixing that flaw.


203 posted on 12/08/2009 12:45:27 PM PST by Favor Center (Targets Up! Hold hard and favor center!)
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