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

GOP Surrendered On Minority Voter Fraud—In 1982!

Seven Reasons for Opposing Evolution

Should These Cops Be Tried And Executed

GOHMERT RIPS OBAMA ADMIN FOR PUSH TO TREAT EBOLA-INFECTED FOREIGNERS IN US

Ted Cruz Endorses 'Duck Dynasty' Star's Nephew for Congress

Romney, Jeb 'Loom Larger Than The Rest'

Ebola nurse says she'll fight Maine quarantine authority

Minnesota gym bans boys so Muslim girls can play basketball

Blackface Minstrel Show Sand Dance

Lindsey Graham "white men who are in male-only clubs are going to do great in my presidency"

Eric Holder To Ferguson Leakers: ‘Shut Up’ [VIDEO]

Guess How Many Bibles Have Arrived at Office of Houston Mayor After She Subpoenaed Pastors’ Sermons

Boo

GOP’s 2014 White Share: Only Fair So Far

Minnesota Somalis Leave to Join ISIS for Jihad

Father who disappeared in the middle of a Broncos game FOUND safe 112 miles away

Sen. Tom Udall Sponsors Bill 'to Regulate' First Amendment

Democrats Run From Harry Reid

Crowd Begins to File Out While Obama Speaks in Wisconsin

Poster girl for Kurdish freedom fighters in Kobane is 'captured and beheaded by ISIS (Rehana)

Orbital Sciences' Antares rocket explodes seconds after liftoff

Pope Francis says Big Bang theory and evolution 'compatible with divine Creator'

Australia shuts borders to Ebola-affected countries

Ebola can survive on surfaces for almost TWO MONTHS: Tests reveal certain strains survive for weeks when stored at low temperatures

Texas Pastor Issues Warning: American Christians Will Suffer Greatly in Coming Persecution

Criminalizing America – Cultivating a Felon

Terrorism And “THE TRUE BELIEVER”

"It is a faithful saying." — 2 Timothy 2:11

Libertarians May Co-Nominate Rand Paul in 2016

LP's Admitted Sodomy Expert (Meguro) Accuses Two Posters Of Being Homosexuals who "share same s**t-stained white sheets" -- Then Justifies Murder of White Marine

19 Very Surprising Facts About The Messed Up State Of The U.S. Economy

Police Infuriated About New “Cop Detecting” Device That Warns People When a Cop is Near

A Photograph of Your Face in a Jar Makes for a Creepy Halloween Prank

Do People Live Longer among Trees?

Cosmos: A Series Created to Counter Creation

Still Soft after 551 Million Years?

'60 Minutes' Just Broke New Details On The Dallas Ebola Case. Here's What They Revealed.

Free Ebola: Obama Demands End to State Ebola Quarantines

Ted Cruz and Mike Huckabee Are on a Collision Course as Evangelicals Audition 2016 Contenders

Atheist Group to Distribute Pamphlets in Schools of Cartoon Bible Sexually Assaulting Woman

Former NBA Great Slams ‘Dirty Dark Secret in the Black Community’

Jeb Bush 'Moving Forward' On 2016 Presidential Run, Says Son

Nurse quarantined for Ebola monitoring will sue - lawyer--civil rights violation

Devil Made Him Do It: Oklahoma's Ten Commandments Monument (Urinated on &) Destroyed

Minnesota Woman Announces Her Home Is Open For Uncontested Burglary

Happy Halloween

Gun Control explained

Ax attacker wanted ‘white people to pay’ for slavery

Ethics Dunce: The Gwinneth Football League (Lawrenceville, Georgia)

How an 8-year-old's first touchdown resulted in a $500 fine, coach suspension


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: 114
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