With threats of impeachment, Pres. Obama is mistaken if he thinks lowering the deficit is going to save him. Republicans have Obama on the ropes, with Benghazi, the release of thousands of murdering illegal aliens and the massive collapse of ObamaCare that crushed conservative families everywhere.
Of course revenues would have been much higher if the Democrats were able to pass their agenda and prove their ideas are much better for the country than the “borrow and spend like drunken sailors” GOP platform. Imagine, deficit reduction without Paul Ryan's genius maneuvers or cuts to our social safety nets:
AP: The U.S. government ran a big surplus in April, thanks to a flood of tax payments that helped keep the budget on track for the lowest annual deficit in six years. The Treasury Department said Monday that April's surplus totaled $106.9 billion.
Through the first seven months of the 2014 budget year, which began Oct. 1, the deficit totals $306.4 billion. That's down 37 percent from the same period last year.
The Congressional Budget Office is forecasting a deficit of $492 billion for the full budget year. That would be the narrowest gap since 2008.