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Posts Tagged ‘ National Budget ’

Biggest Government Ever… ‘Stimulus’ Checks Take Their Toll

May 13th, 2008 | By Contrarian Profits | Category: Featured, Financial News

US 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.