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submitted 3 days ago by [email protected] to c/finance

8 comments fedilink hide all child comments

The April receipts saw the federal government post a $258B budget surplus for April, up 23% from a year earlier

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[–] [email protected] 5 points 3 days ago

But at what cost? Businesses are closing because they cannot afford to pay the tariffs on their products.

[–] [email protected] 4 points 3 days ago (2 children)

Breaking news, taxing people leads to more government money. Next on water is wet news.

[–] [email protected] 1 points 3 days ago (1 children)

I think the news here is that the money actually went towards reducing the deficit rather than being spent on something else.

[–] [email protected] 2 points 3 days ago (1 children)

I don't know why youd think that when they have plans for the money and it sure as hell won't be to reduce the deficit.

[–] [email protected] 0 points 3 days ago (1 children)

It's because they don't have plans for the money and it was used to reduce the deficit

[–] [email protected] 2 points 3 days ago (1 children)

Might want to reread that article because it's not reducing anything, they are spending more money not less.

[–] [email protected] 0 points 3 days ago

What do you think "deficit rate" means?

[–] [email protected] 2 points 3 days ago

Wasn’t it Dick Cheney who said “Deficits don’t matter” a while ago?