A Surplus!

The federal government posted the first budget surplus for December in three years as corporate tax payments hit an all time high, helping offset a record level of spending. Receipts surpassed spending by $10.98 billion last month. Receipts were up 12.1% from a year ago and spending rose by 5.6%.

In other words receipts are currently growing at double digit rates at the federal level. The States will see even better numbers. The Pundits say once again for the second year in a row this simply can't continue. Receipts are growing 3 times as fast as the economy.