Monday, December 17, 2007

U.S. budget deficit the lowest in five years, but...

The deficit on a cash-flow basis of $162.8 billion represented the lowest imbalance in five years. "The 2.6 trillion in record-breaking revenues that flowed into the Treasury this year reflect a healthy economy," Treasury Secretary Henry Paulson said. But Social Security and Medicare will cause the deficit to balloon if solutions aren't found.

read more | digg story

No comments:

8-24-2026

BUBBLE TROUBLE: ANTHROPIC'S best AI model struggles to attract users... Freebies spread on web... Bitcoin Rally Leans on Fears That Fisc...