[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

American traitor, Israeli hero

The role of modern women is to ‘engage in a little horizontal hula and then make him a sandwich’

Kentucky Ministers Banned From Calling Homosexuality A Sin

Cuckservatism: The Cuckoo In The Conservative Movement’s Nest

Microsoft's Windows 10 Torrent-U-Like updates GULP DOWN your precious bandwidth

Exclusive–John Boehner Embarrassed: His Whip Team Couldn’t Find Votes to Reelect Him Speaker Last Week

'Gene drive': Scientists sound alarm over supercharged GM organisms which could spread in the wild

Man Uses Drone to Expose One of America's ‘Biggest Secrets’

Death of a Diploma Mill: University of Phoenix Going Down in Flames?

Trump: I Will Consider Third-Party Run if GOP Doesn’t Treat Me ‘Fairly’

CEO Raises Salaries to $70K for EVERY Employee, Now has to Rent Out his Own Home to Make Ends Meet

Kangaroo Kickboxing

I've Been Everywhere, Man

CONFIRMED: Garland Terrorist Bought Gun From Operation Fast And Furious Dealer At Height Of Scandal

Navy to Charge Officer Who Fired on Islamist During Chattanooga Terror Attack

Famed Law Professor, Defense Attorney Latest to Suggest Second Amendment Needs to Go

Pathway to Codswallop

Insanity Defense

Saturday Night Music Threadss

Bare-knuckle boxing champ's belt celebrating 39-round bout sells for £32k

Here’s The Politicians Who Were Paid to Make GMO Labeling Illegal (Despite 90% of people wanting labeling)

'Don't Let My Daughter Die, Governor!' Drug Warrior Chris Christie Promises to Escalate the War on Weed

Not Guilty! Logic Prevails After the State Charged a Man With Murder for Facilitating a Pot Sale

Sadistic Cop Shoots Puppy in Front of Children, Laughs About It, Charges Owner with a Crime

The U.S. Is an "Oligarchy With Unlimited Political Bribery"

Texas man shoots armadillo, bullet ricochets back into his face

The Rights Retained by The People [and the presumption of liberty]

President's Historical Speechless Speech Stuns!

Autopsy Indicates that Cop Fatally Shot Teen in the Back, Not in Self-Defense, Over Marijuana

White ex-DC official sues city, claims he was called 'cracker' and fired over race

Mexican accused of horrific double murder, was legal immigrant

‘CUCKSERVATIVE’ IS A GLORIOUSLY EFFECTIVE INSULT THAT SHOULD NOT BE SLURRED, DEMONISED, OR RIDICULED

The US really has 11 separate 'nations' with entirely different cultures

Too pale to fly? Etihad stops redhead from boarding due to white ‘sickly’ skin

The astonishing weakness of Hillary Clinton

First They Ignore You, Then You Laugh At Them, Then You Win: How The “Cuckservative” Meme Is Undermining Conservatism Inc.

Now the Turks Are All In

Insiders warn Jeb: Don't engage with Trump ["don't wrestle with a pig"]

When Parents Must Break the Law to Keep Their Children Alive

Vinyl, Tapes, CDs… and SiriusXM?

Cop Advice to a Cop - "Don't Miss" (How to shoot an unarmed mundane)

EXCLUSIVE: New evidence emerges on Jimmy Hoffa's possible fate, suggests feds were on right track searching N.J. dump

Cop Unleashes a Flurry of Bullets at Car Full of Teens Who Accidentally Knocked on His Door

UK Maniac with Huge Knife: Why Can’t Cops in the US Be this Brave?

Teen charged in killing of 8-year-old girl appears in court

Trump Goes Mushy, Incoherent on Immigration

Intelligence officials: Hillary Clinton's private server contained information from 5 US spy agencies

Anti-Christian Hatred Sweeps The World

Voters To G.O.P.: We’re Just Not That Into Immigrants

Cop To Vet On Receiving End Of Bogus Raid: Investigating Things Beforehand Just Slows Us Down


Status: Not Logged In; Sign In

Business
See other Business Articles

Title: U.S. To Run First (Monthly) Surplus Since 2008: CBO
Source: MarketWatch
URL Source: http://www.marketwatch.com/story/us ... 012-05-07?reflink=MW_news_stmp
Published: May 7, 2012
Author: By Robert Schroeder
Post Date: 2012-05-07 23:06:16 by Brian S
Keywords: None
Views: 1089
Comments: 6

WASHINGTON (MarketWatch) — The U.S. government recorded a budget surplus of $58 billion in April, the Congressional Budget Office estimated on Monday, breaking a streak of deficits that began in 2008.

The surplus — the first of Barack Obama’s presidency — was the result of both increased tax collection and lower government spending. Before April, the government had not run a surplus since September 2008, the month that the financial crisis struck the U.S. economy. Read CBO report.

The CBO’s estimate is released before the Treasury Department’s monthly budget report. That report is scheduled for later this week.

CBO estimated that receipts were $30 billion higher in April than the same month a year ago, due to declining refunds that month and higher corporate income tax receipts. Spending fell by $69 billion compared to April 2011, marked by lower outlays on defense, Medicaid and the Postal Service.

Government spending and deficits are shaping up to be a main issue in the presidential campaign, and the monthly surplus is a piece of good news for Obama. Read more about Election 2012.

For the first seven months of the fiscal year, the CBO estimates that the Treasury will notch a deficit of $721 billion. That’s $149 billion less than the red ink reported for the same period in fiscal 2011.

The improved budget picture will not put an end to election-year sparring about the deficit, however. The U.S. is running a debt of $15.7 trillion, a number often pointed out by Obama’s Republican critics, including White House hopeful Mitt Romney. Read more about U.S. national debt. Subscribe to *Elections 2012*

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Brian S (#0)

lol

SJN  posted on  2012-05-08   1:25:47 ET  Reply   Trace   Private Reply  


#2. To: Brian S (#0)

www.zerohedge.com/news/ba...t-prevent-market-collapse

SJN  posted on  2012-05-08   1:29:42 ET  Reply   Trace   Private Reply  


#3. To: Brian S (#0)

I can only suppose that the FED ran their 24 hour/day printing presses a wee bit too long on the 9-5, 5-1 and the 1-9 shifts.

buckeroo  posted on  2012-05-08   1:38:57 ET  Reply   Trace   Private Reply  


#4. To: buckeroo (#3)

The employee's get paid by the pallet.

; ))

SJN  posted on  2012-05-08   1:53:48 ET  Reply   Trace   Private Reply  


#5. To: Brian S (#0)

The U.S. government recorded a budget surplus of $58 billion in April, the Congressional Budget Office estimated on Monday, breaking a streak of deficits that began in 2008.

LMAO.


The economy is wonderful!
Re-elect Obama, he'll pay your rent!
A chicken in every pot!
-Baghdad Bri-bri-

LoonyMing: I brandish my ignorance like a crucifix at vampires.
Translation: IGNORANCE IS STRENGTH

'It's now very common to hear people say, "I'm rather offended by that", as if that gives them certain rights. It's no more than a whine. It has no meaning, it has no purpose, it has no reason to be respected as a phrase. "I'm offended by that." Well, so fucking what?' —Stephen Fry

Capitalist Eric  posted on  2012-05-08   2:12:08 ET  Reply   Trace   Private Reply  


#6. To: Brian S (#0)

For the first seven months of the fiscal year, the CBO estimates that the Treasury will notch a deficit of $721 billion.

Choke on it Dems.

Thunderbird  posted on  2012-05-08   9:22:26 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com