Martin Crutsinger Archive

AP: Budget deficit up due to spending increases

While revenue growth is slowing, it is still positive. Might be the suspected 2007 spending that was moved forward to 2008 that is helping spending increase so much and support GDP into the election. And the new fiscal package kicks in soon as well. Government spending, this year, should top $3 trillion ...Read More

Budget telling data

Federal budget surplus for Dec. – but wait . . . By Martin Crutsinger Associated Press WASHINGTON – The federal budget showed a record surplus for December, but for the first three months of this budget year, the budget deficit was running significantly higher than in the same period the previous year. ...Read More