The Surge Is Already Working!

There's great news for America: The federal deficit has finally fallen back to early-2002 levels, meaning things are now only as bad as they were immediately after 9/11. Why the not-so-bad news? The surge, obviously:

The federal deficit has improved significantly in the first three months of the new budget year, helped by a continued surge in tax revenues.

The actual good news is that federal spending "only" went up by 0.7% over last year -- and that's because Congress spent much of 2006 imploding from one bribery or sex scandal after another. Let's hope for more of the same in 2007.

 Deficit Falls to Lowest Level in 4 Years [AP]