Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Look at the national debt, not much growth in the last month, I heard rambling that this year budget deficit may come in at $300 B rather than the budgeted $400 B. Next year, if we hit a rough patch in the economy starting later this year, is, of course another story. But right now, not too bad. Receipts seems to be streaming in above budget. It would help, of course if GE paid its fair share of taxes at the 30/5% rate rather than sub 15% overall (though in the last quarter, they got some $600 M "refunds". The latest corporate tax gift was worth $150 B, just avoiding that could cut the deficit almost in half.