Press Releases

US Fiscal Year Outlook Improves Significantly; Monthly Surplus Up 300%

(Archived Content)

US Fiscal Year Outlook Improves Significantly; Monthly Surplus Up 300%

2007-1-12-17-20-10-3989

 

Today's monthly Treasury statement shows that tax receipts have reached a new record and that we are moving in the right direction toward a balanced budget by 2012. This good news reflects the strong state of our economy. The President's tax relief has helped make this possible by creating the conditions for sustained economic growth and job creation.
- Assistant Secretary for Economic Policy Phillip Swagel