Originally Posted by cosmo20002
Better read it again.
The article I read says that revenue went up 4% and spending went down 5%. So if Obama was arguing for higher revenue and lower spending, then he can use this as a feather in his cap.
Since the article doesn't break down what portion of extra revenue came from higher rates on wealthy earners vs what came off the expiration of the lower FICA witholding, we can't even say for sure the wealthy are causing the surplus.