Ka-ka-boom.
Quote:
US Treasury Sets New 1-Day Tax Receipt Record Of $85.8 Billion
Tuesday September 19th, 2006 / 0h04
WASHINGTON -(Dow Jones)- The U.S. government recorded record-high overall and corporate tax receipts on Sept. 15, which was a quarterly deadline for tax payments, the Treasury said Monday.
Total tax receipts were $85.8 billion on Friday, compared with the previous one-day record of $71 billion on Sept. 15 of last year, the Treasury said.
Within the overall figure, corporate tax receipts Friday were $71.8 billion, up from $63 billion in September of last year.
Treasury Undersecretary for Domestic Finance Randal Quarles said Friday's numbers provided a "continuing demonstration of the strength of the U.S. economy."
"In fact, Friday's gross receipts were the largest in a single day in the nation's history - 20% higher than receipts on the same quarterly tax payment date last year," Quarles said in a statement.
-By Benton Ives-Halperin, Dow Jones Newswires; 202-862-9255; Benton.Ives-Halperin@dowjones.com
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Come on dems, we could use a little help here trying to cut some spending!
Quote:
US House Passes $49.9 Billion in Spending Cuts
By Richard Cowan
Reuters
Friday 18 November 2005
Washington - The U.S. House of Representatives on Friday narrowly voted to trim social programs for the poor along with farm subsidies, student loans and other federal benefits as part of a $49.9-billion package of spending cuts.
The "deficit-reduction" plan passed the House by a cliff-hanger vote of 217-215, with all Democrats and 14 Republicans voting against the Republican-authored bill.
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"Yankees fans who say “flags fly forever’’ are right, you never lose that. It reinforces all the good things about being a fan. ... It’s black and white. You (the Mavs) won a title. That’s it and no one can say s--- about it.’’
Last edited by dude1394; 09-19-2006 at 07:01 PM.
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