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hughee99

(16,113 posts)

15. It spent less in APRIL this year than last year.

Reply to Mason Dixon (Reply #13)

Mon May 7, 2012, 06:20 PM

May 2012

and the month it ran the surplus is the month in which people who withheld too much all ended up sending $$ to the IRS to make up the difference. The drop in spending and the additional revenue were both necessary to run this monthly surplus, but we can't guarantee that next month spending will still be down this much, and those IRS checks for underpayment only come in these quantities once a year. It's certainly better than not running a surplus over the month, but I wouldn't hold my breath on it happening again in May.

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do I understand correctly Mason Dixon May 2012 #13

It spent less in APRIL this year than last year. hughee99 May 2012 #15

Based on this math Mason Dixon May 2012 #18

I think that's a safe bet. n/t hughee99 May 2012 #19

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