Thursday, June 13, 2013

Government Celebrates Austerity With Fourth Largest Spending Month Ever

Government Celebrates Austerity With Fourth Largest Spending Month Ever | Zero Hedge:

"When in April the US government reported a surplus of $112.9 billion (thanks to tax collections, Fed and GSE remittances) - the largest surplus since April 2008, many wondered if DC's profligate ways were over, and if maybe the so-called US austerity was staring to kick in. It wasn't. Because as the just released May data showed, not only did the US go right back to its deficit ways, posting a negative surplus of $138.7 billion, the largest May deficit since 2009, but the amount the US government spent, a total of $335.9 billion, was the largest May outlay in history, and only the 4th greatest spending month ever."

Recommended reading:

Nancy Pelosi: I'm All In Favor of Balancing the Budget...In A Few Decades
America's $17 Trillion Dollar Party

How I Found Christ?

 How I Found Christ? by Charles Spurgeon (1834-1892)