http://news.yahoo.com/u-posts-3-billion-budget-surplus-january-192158446--business.html It appeared the Treasury got a boost from the expiration of a payroll tax reduction on January 1 following the last-minute "fiscal cliff" deal. In its estimate last week, the Congressional Budget Office said the Treasury got an extra $9 billion in taxes from the expiry. So it looks like tax cuts do not increase revenue. I certainly remember all the doom and gloom about the "raising" of taxes on this issue and how it will hurt the US. The fact that $9B was added sure seems like a positive step.
Ayuh,.... atad disingenuous ain't it,... I mean havin' a budget surplus, when there ain't been a Budget in 5 Years now....
Especially when it will end up going to pay rises for the dopes who caused the problem in the first place, more pay and benefits to corrupt public sector unions and free stuff for Obama's base.
Budget surplus, yet debt soared during the same time... something isn't right. http://www.zerohedge.com/news/2013-02-12/us-posts-two-month-combined-surplus-debt-rises-137-billion