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And isn't April usually the month when the fed govt is not running a deficit?

Tax receipts come in and the govt has a surplus they use the rest of the year:

Department officials said that in prior years, there was a surplus during April in 43 out of the past 56 years.

http://www.reuters.com/article/idUSTRE64B53W20100512

I thought the economic collapse was on the way last week; govts are still trying to buy time...
 
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