Democrats - A PROMISE BEING KEPT - and ignored by the media

[SmileyRose]

http://www.dailyfinance.com/story/taxes/federal-budget-deficit-below-expectations/19675849/


2010 Budget Deficit Comes in Below Expectations -- but Still Second-Highest Ever
By JOSEPH LAZZARO Posted 4:13 PM 10/15/10


The federal government on Friday posted a smaller-than-expected $1.29 trillion budget deficit for fiscal 2010, which ended Sept. 30 -- more evidence that the U.S. economy continues to inch back toward health. It was, however, still the second-highest deficit on record, behind the $1.42 trillion posted in fiscal 2009.

The government posted a $34.49 billion deficit in September, the last month of fiscal 2010, ............ The federal government reported a $45.2 billion deficit in September 2009.

Annual federal spending fell by 1.6% ..................

More significantly, fiscal 2010 revenue increased 2.7% to $2.16 trillion -- and the increase, although small, provides more evidence that the U.S. economy continues to recover. Historically, government revenue from income taxes and corporate taxes has tended to increase during periods of economic expansion, as more Americans find jobs and corporate revenues rise.

See full article from DailyFinance: http://srph.it/bidT0G

[Liberal_Stalwart71]

1. This is according to PAYGO rules. The Democrats stick to the rules.

The Repukes break them and pass unpaid tax cuts through Reconciliation, breaking PAYGO rules.

And they are NEVER held accountable for this!

[SmileyRose]

2. It's just a crying shame Democratic leadership isn't screaming this from the rooftops

RushHannityInc has been bitching about deficits for 18 months. You'd think every single solitary Democratic candidate would have this fact front and center.

[Scurrilous]

3. K & R

:thumbsup: