Biggest Government Ever… ‘Stimulus’ Checks Take Their Toll
May 13th, 2008 | By Contrarian Profits | Category: Featured, Financial NewsUS Government spending is at record highs, fueled in part by the costs of President Bush’s so-called economic ’stimulus’ package.
Reuters reports that US Treasury spending and revenue reached fresh highs in April.
US government posted a $US159.3 billion surplus in April, helped by the mid-month deadline for individuals meeting 2007 tax obligations, but it was down from the prior year’s surplus, the Treasury Department reported on Monday.