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What a Concept -- a Rainy Day Fund for the Federal BudgetQuicklink Submitted By Russ Wellen No comments
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| "Because of the country's booming economy, the Chinese government has reaped handsome extra-budgetary revenues in recent years," writes Asia Times Online. "Beijing has now decided to set up a special fund to absorb such extra money so it can be spent to help balance the budget in bad fiscal years." Remember when the US had that kind of money? |
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Russ Wellen is the nuclear deproliferation editor for OpEdNews. He's also on the staffs of Freezerbox and Scholars & Rogues.
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