Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Sad News For Pessimists: US Budget Deficit Shrinks Far Faster Than Expected

Wednesday, May 15, 2013 - 9:22 PM

Dear Reader,

There is a very sad news for the pessimists who forsee/forecast the "Collapse of US", "triple digit Inflation" etc.

Per the CNBC news at link (   US Budget Deficit Shrinks Far Faster Than Expected.

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 — a statutory borrowing limit Congress needs to raise to avoid default — until sometime in the fall.

For the rest of us, this is a great news of course.  !!!  ... State of our Union appears to be improving ... far from the "collapse" some coward non-patriots here are wishing for US.

Yours Truly,
- Anon
In FED I Trust  :-)

ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623