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

Good Morning everyone my name is Devil Anse

What kind of covenant will the Antichrist really confirm?

Miricle reports wanted

Rand Paul Goes Hawkish, Proposes Massive Defense Increases

Wisconsin Voter ID Law Upheld by US Supreme Court

Police Kill “Lovable Guy” Felon Attempting To Run Down Police Officers In Georgia

Deadly Bridge Collapse on Interstate 35 in Central Texas (Live Video)

19 students arrested after fight

DoJ: DEA agents had sex parties with cartel-provided hookers in Colombia

Corporate Sovereignty Provisions Of TPP Agreement Leaked Via Wikileaks: Would Massively Undermine Government Sovereignty

New Mexico moves to curb civil asset forfeitures by police

Behold My Servant…Isaiah 52-53 pt 1

The father of all humans lived 239,000 years ago

Germanwings co-pilot DELIBERATELY crashed Flight 4U9525 into mountain to 'destroy the plane' after locking his captain out of cockpit, reveals French prosecutor

Ted Cruz for President 2016!!!

This Is What It’s Like to Get Pulled over for Expired Tags in Police State USA 2015

Video: Everything wrong with Washington somehow evident in congresswoman’s horrible parking job

Fix the GOP, Don’t Abandon It

Where’s the Outrage? Amendment by Consent

Stunning! Obama Administration Declassifies Document on Israel’s Nuclear Power

Germanwings Pilot Was Locked Out of Cockpit Before Crash in France (Terrorism?)

Milton Home Targeted By Intricate Explosive Device

Ted Cruz Tells CNN: I'm Signing Up for Obamacare

Breaking: Saudi Arabia Starts Bombing Yemen: U.S. Officials

‘NEW YORKER’ DESCRIBES HISPANIC TED CRUZ AS ‘UPPITY’

Yemen crisis: President Hadi flees as Houthi rebels advance

Cops Shoot Down Innocent Man Who Won't Put Down Guns

CRUZ GOES ON POST-PRESIDENTIAL ANNOUNCEMENT MAINSTREAM MEDIA BLITZ

Common Core School Assignment FORCES Students to Make Islamic Prayer Rugs, Recite Muslim Prayers (Jeb Bush, Islam Packet)

Bowe Bergdahl, once missing U.S. soldier, charged with desertion

Turkish cartoonists fined for suggesting Erdogan is gay

How the EPA Killed the Muscle Cars - Blame Nixon

Russia questions Britain's claim to the Falklands as garrison reinforced

Britain sends an extra £180million to defend the Falklands amid fears Putin is plotting to help arm Argentina

With the U.S. F-35 Grounded, Putin’s New Jet Beats Us Hands-Down

The purpose of Putin’s diplomatic acrobatics (To save the world from American chaos)

Obama’s foreign policy: Perhaps cunning, but never wise, never truthful

National Data: STEM Wages’ Shocking Stagnation Destroys Case For Increased Immigration

Are we ready for an attack on the power grid?

Homo Depot to stop pushing the homosexual agenda?

Nebraska senator compares police to ISIS, suggests he’d shoot a cop

Klayman Files RICO Racketeering Case Against Bill and Hillary Clinton

Cornell dean says ISIS welcome on campus in undercover video

Afghanistan withdrawal delayed

Evolution may explain why men are attracted to women with curvy backsides

Billionaire environmental offender and sexual predator funnels $$$ to Scott Walker

The Only Truly Compliant, Submissive Citizen in a Police State Is a Dead One

Jordan, Russia Sign $10 Billion Deal on Nuclear Power Plant

Pocan & Massie Introduce Legislation to Repeal PATRIOT Act

The church at the South Pole: A Russian Orthodox priest has spent four years leading prayers in a small wooden building on King George Island, Antarctica

Leading Russian Orthodox official sees Russia as ‘only center of non-enslaved civilization’


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: 508
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