Wednesday, January 12, 2005

Good news!

"WASHINGTON, Jan 7 (Reuters) - The U.S. government ran a $1 billion budget surplus in December, helped by a rise in corporate tax payments, the Congressional Budget Office said in its latest budget report released on Friday."

When will people realize that Budget projections are about as accurate as psychic readings! But this is down right SCARY " It(the CBO) will update its forecast for 2005 and 2006-2015 on January 25."
How can they possibly project deficits or surpluses for nine years. Do they have a crystal ball to tell them all the unforeseen expenditures the federal government may have in the next nine years?