Quote:
Originally posted by 914GT
Here's another story that did not get a lot of media attention today:
WASHINGTON
A flood of income tax payments pushed up government receipts to the second-highest level in history in April, giving the country a sizable surplus for the month.
In its monthly accounting of the government's books, the Treasury Department said Wednesday that revenue for the month totaled $315.1 billion as Americans filed their tax returns by the April deadline. The gusher of tax revenue pushed total receipts up by 13.4 percent from April 2005.
It marked the largest one-month receipt total since the government collected $332 billion in revenue in April 2001, reflecting a boom in capital gains from stock investors lucky enough to cash out their investments before the bursting of the stock market bubble in early 2000.
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Edit: Apparently this did not happen or it was a minor oversight by the networks. No mention of it on CNN, CBS, NBC or ABC. What a surprise.