Apple Inc (AAPL)

[gonzaga man]

The CBO is reporting that tax revenues will rise by more than $262 billion this year, the largest single-year increase in revenues ever. That'll put the deficit at 2.7% GDP this year and 2.4% next year.

Total wage income is up over $75 billion over projections.

Two million new jobs created this year.

If only Congress could restrain itself and maybe increase the budget by just 5% instead of 7%, we'd be squatting in high cotton in no time.


And the proposition to have California's congressional districts redrawn is back in action. Things might get interesting; in the last election, not one seat out of 153 changed hands.