In response to:

Tax Revenues Projected to Hit All-Time High in 2013

B1RD Wrote: Mar 05, 2013 11:55 AM
And, all that money collected is already spent and there will be no budget so no one will be held accountable! Now that is what I call a Liberal's Dream come true! I got mine and now I got yours! "Belalugosi" Pelosi is getting her way! Sucking the life's blood out of America! (I mean no ill will to that one time great horror actor!)

The Congressional Budget Office anticipates that federal tax receipts will hit an all-time high of $2.7 trillion this fiscal year, yet the annual deficit will still clock in between $800 and $900 billion.  We have a spending problem:

An impasse over the shape of the federal budget keeps boiling down to this basic plotline: Democrats say the solution to high deficits must include more tax revenue, while Republicans say the fundamental problem is spending. Failure to reach a middle ground has prompted automatic spending cuts known as the “sequester” to go into effect. This wasn’t...