The CBO estimates the government ran a surplus of $106 billion last month

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rdean

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Relative to the size of the economy, the deficit for 2014 would be 2.8 percent of gross domestic project (GDP). As a percentage of GDP, the deficit has declined every year since it peaked at 9.8 percent of GDP in 2009.

The projected shortfall is the smallest recorded since 2008 and $195 billion less than deficit from fiscal 2013.

The CBO estimates the government ran a surplus of $106 billion last month, which is $31 billion more than in September 2013.

The new projections are good news for the Obama administration with less than a month to go before the midterm elections, when Republicans could win the majority in the Senate.

CBO lowers deficit projection by 20B TheHill

So what will Republican try to do to bring down the economy?
 
WHHHHHATTT

Spending on healthcare programs for low-income people increased last year, with more spent on Medicaid and subsidies for health insurance purchased through exchanges created by ObamaCare. Spending on Social Security benefits rose by 5 percent and spending on programs under the Education Department rose by 46 percent.
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We raised taxes to, in theory, pay for Obamacare. The merits of the program aside, but it was at least partially paid for with new revenue. But that the hell's going on with education?
 
When the feds run a "surplus," a recession is sure to follow . . . this indicates a constriction of the money supply and possibly a deflationary environment.
 
When the feds run a "surplus," a recession is sure to follow . . . this indicates a constriction of the money supply and possibly a deflationary environment.

a constriction of money supply can on be caused by Federal Reserve since only it has the authority to print or burn money.
 

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