President Obama Sees First Budget Surplus Of Presidency

[kwc57]

Desperate right wing monkeys, apes and chimps attacking any progress, however minute, from Obama, shameless primates.

Oh look, Gayflo's butt buddy is here to defend his honor.

 

[CrusaderFrank]

Desperate right wing monkeys, apes and chimps attacking any progress, however minute, from Obama, shameless primates.

Besides I thought deficits and government spending stimulated the economy, are you worried Obama's austerity (LOL) will cause a depression?

 

[Gremlin-USA]

Yes Repugs, it takes having more tax revenue, not more tax cuts to run a surplus and just like typical Repugs they want to trim social programs to balance a budget,

Did you read the article?

Surplus was up because people were sending in money for the yearly taxes

Only reason there was no surplus was Obama overspent the last 3 Aprils, this year he is trying to get elected so he spent less

It also said "Even with Monday’s good fiscal news, the government is expected to run a $1 trillion deficit in fiscal year 2012, which began Oct. 1."

What about the other 4.5 Trillion already spent by Obama, do you really think an extra 58 billion will make a shit for difference? Take a damn math class

Darn Libs, you can Fart and try to spin it around and tell everyone it smells good

.

 

[Caroljo]

people pay taxes every month of the year stupid and he just got his first surplus in April, makes your piggybacking off of that troll's argument look retarded.

ok...again....

"There is NO SURPLUS when we're in THIS MUCH DEBT

Got it????????????????

Oh look everyone! Caroljo knows more about budgets and surpluses than the CBO AND the chief economist at Moody's.

The Congressional Budget Office has reported a monthly budget surplus of $58 billion, which would be a first in nearly three years.

"It's a clear signal that the government's fiscal situation is finally moving definitively in the right direction," said Mark Zandi who is the chief economist for Moody's Analytics.

First Monthly Budget Surplus in Three Years - Yahoo! News

Tell us Caroljo, why should we listen to you and not the CBO or the chief economist at Moody? What are your qualifications? How did you get so much smarter than any of these people?

No...it's called Common Sense.....
If this goes on for a few months....i'll believe it. One month, THE month that all taxes are due, doesn't not tell me that things are getting any better. It could be also that the Congress may have actually made this happen by cutting back on Obama's spending??

Besides, i didn't say it never happened...i'm saying i'd like to see it happen a few more times before i get excited about it!

 

[Listening]

Desperate right wing monkeys, apes and chimps attacking any progress, however minute, from Obama, shameless primates.

Didn't you move somewhere ?

Or did they kick your ignorant ass out ?

 

[Sunshine]

Deficit streak ends: Obama sees first monthly surplus - Washington Times

Boosted by better tax collections and slightly slower spending, the government recorded a $58 billion surplus in April. That’s nearly a $100 billion turnaround from April 2011, when the government ran a $40 billion deficit.

The numbers suggest that the government’s short-term fiscal picture has improved slightly since the deepest days of the recession, when stimulus spending and tax cuts spilled red ink over the federal budget.

“Because of the large inflows of tax revenues, the federal government usually runs a budget surplus in April — though that did not occur in 2009, 2010 and 2011,” CBO said.


The brief spot of cheery news came even as all sides on Capitol Hill are working on next year’s spending bills, and House Republicans are pushing ahead with a measure that would change the automatic defense cuts slated for the end of this year and replace them with trims to social programs.

Mr. Obama, fighting for higher spending, issued his first spending veto threat of the year on Monday, saying he would reject House Republicans’ bill to fund the Commerce and Justice departments because it spends too little.

“Passing [the bill] at its current funding level would mean that when the Congress constructs other appropriations bills, it would necessitate significant and harmful cuts to critical national priorities, such as education, research and development, job training and health care,” the White House said in a statement of policy.

At the same time as the fight over the yearly spending bills, the House GOP on Monday took the first steps to undo the automatic defense cuts looming at the end of this year, which were triggered when the congressional supercommittee failed to come up with an agreement last year.

Moving to erase those defense cuts, House Republicans advanced a bill through the Budget Committee that would instead trim from food assistance, Medicaid and other benefits programs.

“There is no reason we cannot work together to replace the sequester,” said the committee’s chairman, Rep. Paul Ryan, Wisconsin Republican, who said this year marked the first time since 2005 that the House was using the powerful budget-reconciliation process to try to overhaul entitlement programs.

But Democrats said it was unfairly targeting the poor, while leaving tax rates unchanged for the wealthy.

“Our Republican colleagues continue to reject that balanced approach to deficit reduction,” said Rep. Chris Van Hollen, the ranking Democrat on the committee.

Yes Repugs, it takes having more tax revenue, not more tax cuts to run a surplus and just like typical Repugs they want to trim social programs to balance a budget,

This should be in the 'Humor' section! It is definitely a joke.

 

[The T]

Yes Repugs, it takes having more tax revenue, not more tax cuts to run a surplus and just like typical Repugs they want to trim social programs to balance a budget,

Did you read the article?

Surplus was up because people were sending in money for the yearly taxes

Only reason there was no surplus was Obama overspent the last 3 Aprils, this year he is trying to get elected so he spent less

It also said "Even with Monday’s good fiscal news, the government is expected to run a $1 trillion deficit in fiscal year 2012, which began Oct. 1."

What about the other 4.5 Trillion already spent by Obama, do you really think an extra 58 billion will make a shit for difference? Take a damn math class

Darn Libs, you can Fart and try to spin it around and tell everyone it smells good

.

Indeed. A single drop in the bucket of debt.

 

[Soggy in NOLA]

Deficit streak ends: Obama sees first monthly surplus - Washington Times

Boosted by better tax collections and slightly slower spending, the government recorded a $58 billion surplus in April. That’s nearly a $100 billion turnaround from April 2011, when the government ran a $40 billion deficit.

The numbers suggest that the government’s short-term fiscal picture has improved slightly since the deepest days of the recession, when stimulus spending and tax cuts spilled red ink over the federal budget.

“Because of the large inflows of tax revenues, the federal government usually runs a budget surplus in April — though that did not occur in 2009, 2010 and 2011,” CBO said.


The brief spot of cheery news came even as all sides on Capitol Hill are working on next year’s spending bills, and House Republicans are pushing ahead with a measure that would change the automatic defense cuts slated for the end of this year and replace them with trims to social programs.

Mr. Obama, fighting for higher spending, issued his first spending veto threat of the year on Monday, saying he would reject House Republicans’ bill to fund the Commerce and Justice departments because it spends too little.

“Passing [the bill] at its current funding level would mean that when the Congress constructs other appropriations bills, it would necessitate significant and harmful cuts to critical national priorities, such as education, research and development, job training and health care,” the White House said in a statement of policy.

At the same time as the fight over the yearly spending bills, the House GOP on Monday took the first steps to undo the automatic defense cuts looming at the end of this year, which were triggered when the congressional supercommittee failed to come up with an agreement last year.

Moving to erase those defense cuts, House Republicans advanced a bill through the Budget Committee that would instead trim from food assistance, Medicaid and other benefits programs.

“There is no reason we cannot work together to replace the sequester,” said the committee’s chairman, Rep. Paul Ryan, Wisconsin Republican, who said this year marked the first time since 2005 that the House was using the powerful budget-reconciliation process to try to overhaul entitlement programs.

But Democrats said it was unfairly targeting the poor, while leaving tax rates unchanged for the wealthy.

“Our Republican colleagues continue to reject that balanced approach to deficit reduction,” said Rep. Chris Van Hollen, the ranking Democrat on the committee.

Yes Repugs, it takes having more tax revenue, not more tax cuts to run a surplus and just like typical Repugs they want to trim social programs to balance a budget,

Weren't you leaving?

I guess now you'll just humor us with how deficit spending creates surplus'.

 

[Rozman]

Deficit streak ends: Obama sees first monthly surplus - Washington Times

Boosted by better tax collections and slightly slower spending, the government recorded a $58 billion surplus in April. That’s nearly a $100 billion turnaround from April 2011, when the government ran a $40 billion deficit.

The numbers suggest that the government’s short-term fiscal picture has improved slightly since the deepest days of the recession, when stimulus spending and tax cuts spilled red ink over the federal budget.

“Because of the large inflows of tax revenues, the federal government usually runs a budget surplus in April — though that did not occur in 2009, 2010 and 2011,” CBO said.


The brief spot of cheery news came even as all sides on Capitol Hill are working on next year’s spending bills, and House Republicans are pushing ahead with a measure that would change the automatic defense cuts slated for the end of this year and replace them with trims to social programs.

Mr. Obama, fighting for higher spending, issued his first spending veto threat of the year on Monday, saying he would reject House Republicans’ bill to fund the Commerce and Justice departments because it spends too little.

“Passing [the bill] at its current funding level would mean that when the Congress constructs other appropriations bills, it would necessitate significant and harmful cuts to critical national priorities, such as education, research and development, job training and health care,” the White House said in a statement of policy.

At the same time as the fight over the yearly spending bills, the House GOP on Monday took the first steps to undo the automatic defense cuts looming at the end of this year, which were triggered when the congressional supercommittee failed to come up with an agreement last year.

Moving to erase those defense cuts, House Republicans advanced a bill through the Budget Committee that would instead trim from food assistance, Medicaid and other benefits programs.

“There is no reason we cannot work together to replace the sequester,” said the committee’s chairman, Rep. Paul Ryan, Wisconsin Republican, who said this year marked the first time since 2005 that the House was using the powerful budget-reconciliation process to try to overhaul entitlement programs.

But Democrats said it was unfairly targeting the poor, while leaving tax rates unchanged for the wealthy.

“Our Republican colleagues continue to reject that balanced approach to deficit reduction,” said Rep. Chris Van Hollen, the ranking Democrat on the committee.

Yes Repugs, it takes having more tax revenue, not more tax cuts to run a surplus and just like typical Repugs they want to trim social programs to balance a budget,

typical Repugs they want to trim social programs to balance a budget,

This President has a budget?

 

[rdean]

Deficit streak ends: Obama sees first monthly surplus - Washington Times

Boosted by better tax collections and slightly slower spending, the government recorded a $58 billion surplus in April. That’s nearly a $100 billion turnaround from April 2011, when the government ran a $40 billion deficit.

The numbers suggest that the government’s short-term fiscal picture has improved slightly since the deepest days of the recession, when stimulus spending and tax cuts spilled red ink over the federal budget.

“Because of the large inflows of tax revenues, the federal government usually runs a budget surplus in April — though that did not occur in 2009, 2010 and 2011,” CBO said.


The brief spot of cheery news came even as all sides on Capitol Hill are working on next year’s spending bills, and House Republicans are pushing ahead with a measure that would change the automatic defense cuts slated for the end of this year and replace them with trims to social programs.

Mr. Obama, fighting for higher spending, issued his first spending veto threat of the year on Monday, saying he would reject House Republicans’ bill to fund the Commerce and Justice departments because it spends too little.

“Passing [the bill] at its current funding level would mean that when the Congress constructs other appropriations bills, it would necessitate significant and harmful cuts to critical national priorities, such as education, research and development, job training and health care,” the White House said in a statement of policy.

At the same time as the fight over the yearly spending bills, the House GOP on Monday took the first steps to undo the automatic defense cuts looming at the end of this year, which were triggered when the congressional supercommittee failed to come up with an agreement last year.

Moving to erase those defense cuts, House Republicans advanced a bill through the Budget Committee that would instead trim from food assistance, Medicaid and other benefits programs.

“There is no reason we cannot work together to replace the sequester,” said the committee’s chairman, Rep. Paul Ryan, Wisconsin Republican, who said this year marked the first time since 2005 that the House was using the powerful budget-reconciliation process to try to overhaul entitlement programs.

But Democrats said it was unfairly targeting the poor, while leaving tax rates unchanged for the wealthy.

“Our Republican colleagues continue to reject that balanced approach to deficit reduction,” said Rep. Chris Van Hollen, the ranking Democrat on the committee.

Yes Repugs, it takes having more tax revenue, not more tax cuts to run a surplus and just like typical Repugs they want to trim social programs to balance a budget,

Oh blow it out your butt....

Come back when we see that he's actually doing something to get us out of debt! Of course it's going to look good in APRIL when everyone pays the TAXES! Lol!

There is NO SURPLUS as long as we're in debt as far as we are....

Did you ask that question to Republicans? Now that they block the president or then when they created the debt?

 

[rdean]

Deficit streak ends: Obama sees first monthly surplus - Washington Times

Boosted by better tax collections and slightly slower spending, the government recorded a $58 billion surplus in April. That’s nearly a $100 billion turnaround from April 2011, when the government ran a $40 billion deficit.

The numbers suggest that the government’s short-term fiscal picture has improved slightly since the deepest days of the recession, when stimulus spending and tax cuts spilled red ink over the federal budget.

“Because of the large inflows of tax revenues, the federal government usually runs a budget surplus in April — though that did not occur in 2009, 2010 and 2011,” CBO said.


The brief spot of cheery news came even as all sides on Capitol Hill are working on next year’s spending bills, and House Republicans are pushing ahead with a measure that would change the automatic defense cuts slated for the end of this year and replace them with trims to social programs.

Mr. Obama, fighting for higher spending, issued his first spending veto threat of the year on Monday, saying he would reject House Republicans’ bill to fund the Commerce and Justice departments because it spends too little.

“Passing [the bill] at its current funding level would mean that when the Congress constructs other appropriations bills, it would necessitate significant and harmful cuts to critical national priorities, such as education, research and development, job training and health care,” the White House said in a statement of policy.

At the same time as the fight over the yearly spending bills, the House GOP on Monday took the first steps to undo the automatic defense cuts looming at the end of this year, which were triggered when the congressional supercommittee failed to come up with an agreement last year.

Moving to erase those defense cuts, House Republicans advanced a bill through the Budget Committee that would instead trim from food assistance, Medicaid and other benefits programs.

“There is no reason we cannot work together to replace the sequester,” said the committee’s chairman, Rep. Paul Ryan, Wisconsin Republican, who said this year marked the first time since 2005 that the House was using the powerful budget-reconciliation process to try to overhaul entitlement programs.

But Democrats said it was unfairly targeting the poor, while leaving tax rates unchanged for the wealthy.

“Our Republican colleagues continue to reject that balanced approach to deficit reduction,” said Rep. Chris Van Hollen, the ranking Democrat on the committee.

Yes Repugs, it takes having more tax revenue, not more tax cuts to run a surplus and just like typical Repugs they want to trim social programs to balance a budget,

Good only 17 more of these to go---

$100.00 dollar bills stacked up on pallet's equaling 1 TRILLION dollars. We are 17 trillion in red ink now. Obama has already outspent Bush's 8 year record of spending in just 3-1/2 years adding an additional 5 trillion to the national debt.

Now what's that again about a 58 billion dollar "surplus"---LOL The only thing moving FORWARD in this administration is the line of RED INK.

That's just not true. And worse, the tens of thousands of American's maimed in Iraq under Bush will cost trillions in the coming decades. Just that fact means Obama will ever spend as much as Bush. We will be paying for Bush for decades.

 

[Rozman]

Deficit streak ends: Obama sees first monthly surplus - Washington Times





Yes Repugs, it takes having more tax revenue, not more tax cuts to run a surplus and just like typical Repugs they want to trim social programs to balance a budget,

Good only 17 more of these to go---

$100.00 dollar bills stacked up on pallet's equaling 1 TRILLION dollars. We are 17 trillion in red ink now. Obama has already outspent Bush's 8 year record of spending in just 3-1/2 years adding an additional 5 trillion to the national debt.

Now what's that again about a 58 billion dollar "surplus"---LOL The only thing moving FORWARD in this administration is the line of RED INK.

That's just not true. And worse, the tens of thousands of American's maimed in Iraq under Bush will cost trillions in the coming decades. Just that fact means Obama will ever spend as much as Bush. We will be paying for Bush for decades.

Can anyone imagine another 4 years with this President and how much deeper in debt we will be...
And we have economists like Paul Krugman saying this administration doesn't spend nearly enough....
I'm sure this image gets Princess Nancy a special feeling down below....this and maybe a few OWS protesters paying her a visit in her office after hours...

 

[hortysir]

ok...again....

"There is NO SURPLUS when we're in THIS MUCH DEBT

Got it????????????????

Oh look everyone! Caroljo knows more about budgets and surpluses than the CBO AND the chief economist at Moody's.

The Congressional Budget Office has reported a monthly budget surplus of $58 billion, which would be a first in nearly three years.

"It's a clear signal that the government's fiscal situation is finally moving definitively in the right direction," said Mark Zandi who is the chief economist for Moody's Analytics.

First Monthly Budget Surplus in Three Years - Yahoo! News

Tell us Caroljo, why should we listen to you and not the CBO or the chief economist at Moody? What are your qualifications? How did you get so much smarter than any of these people?

No...it's called Common Sense.....
If this goes on for a few months....i'll believe it. One month, THE month that all taxes are due, doesn't not tell me that things are getting any better. It could be also that the Congress may have actually made this happen by cutting back on Obama's spending??

Besides, i didn't say it never happened...i'm saying i'd like to see it happen a few more times before i get excited about it!

Imagine the money we're saving since so many have exhausted their UE benefits....

 

[blackhawk]

When Obamacare kicks in if it's upheld kiss that goodbye fast.

 

[The T]

Deficit streak ends: Obama sees first monthly surplus - Washington Times

Boosted by better tax collections and slightly slower spending, the government recorded a $58 billion surplus in April. That’s nearly a $100 billion turnaround from April 2011, when the government ran a $40 billion deficit.

The numbers suggest that the government’s short-term fiscal picture has improved slightly since the deepest days of the recession, when stimulus spending and tax cuts spilled red ink over the federal budget.

“Because of the large inflows of tax revenues, the federal government usually runs a budget surplus in April — though that did not occur in 2009, 2010 and 2011,” CBO said.


The brief spot of cheery news came even as all sides on Capitol Hill are working on next year’s spending bills, and House Republicans are pushing ahead with a measure that would change the automatic defense cuts slated for the end of this year and replace them with trims to social programs.

Mr. Obama, fighting for higher spending, issued his first spending veto threat of the year on Monday, saying he would reject House Republicans’ bill to fund the Commerce and Justice departments because it spends too little.

“Passing [the bill] at its current funding level would mean that when the Congress constructs other appropriations bills, it would necessitate significant and harmful cuts to critical national priorities, such as education, research and development, job training and health care,” the White House said in a statement of policy.

At the same time as the fight over the yearly spending bills, the House GOP on Monday took the first steps to undo the automatic defense cuts looming at the end of this year, which were triggered when the congressional supercommittee failed to come up with an agreement last year.

Moving to erase those defense cuts, House Republicans advanced a bill through the Budget Committee that would instead trim from food assistance, Medicaid and other benefits programs.

“There is no reason we cannot work together to replace the sequester,” said the committee’s chairman, Rep. Paul Ryan, Wisconsin Republican, who said this year marked the first time since 2005 that the House was using the powerful budget-reconciliation process to try to overhaul entitlement programs.

But Democrats said it was unfairly targeting the poor, while leaving tax rates unchanged for the wealthy.

“Our Republican colleagues continue to reject that balanced approach to deficit reduction,” said Rep. Chris Van Hollen, the ranking Democrat on the committee.

Yes Repugs, it takes having more tax revenue, not more tax cuts to run a surplus and just like typical Repugs they want to trim social programs to balance a budget,

typical Repugs they want to trim social programs to balance a budget,

This President has a budget?

He's fronted a couple...and BOTH got shot down by BOTH parties...

 

[Zander]

Flaylo once again confirms that, yes, he truly is an idiot.

 

[M14 Shooter]

Deficit streak ends: Obama sees first monthly surplus - Washington Times





Yes Repugs, it takes having more tax revenue, not more tax cuts to run a surplus and just like typical Repugs they want to trim social programs to balance a budget,

Good only 17 more of these to go---

$100.00 dollar bills stacked up on pallet's equaling 1 TRILLION dollars. We are 17 trillion in red ink now. Obama has already outspent Bush's 8 year record of spending in just 3-1/2 years adding an additional 5 trillion to the national debt.

Now what's that again about a 58 billion dollar "surplus"---LOL The only thing moving FORWARD in this administration is the line of RED INK.

That's just not true. And worse, the tens of thousands of American's maimed in Iraq under Bush will cost trillions in the coming decades. Just that fact means Obama will ever spend as much as Bush. We will be paying for Bush for decades.

Why is it that when you don't have an effective response, you choose to obfuscate and lie?

 

[CrusaderFrank]

Good only 17 more of these to go---

$100.00 dollar bills stacked up on pallet's equaling 1 TRILLION dollars. We are 17 trillion in red ink now. Obama has already outspent Bush's 8 year record of spending in just 3-1/2 years adding an additional 5 trillion to the national debt.

Now what's that again about a 58 billion dollar "surplus"---LOL The only thing moving FORWARD in this administration is the line of RED INK.

That's just not true. And worse, the tens of thousands of American's maimed in Iraq under Bush will cost trillions in the coming decades. Just that fact means Obama will ever spend as much as Bush. We will be paying for Bush for decades.

Why is it that when you don't have an effective response, you choose to obfuscate and lie?

Because Deany is a lying scumbag

 

[kwc57]

Good only 17 more of these to go---

$100.00 dollar bills stacked up on pallet's equaling 1 TRILLION dollars. We are 17 trillion in red ink now. Obama has already outspent Bush's 8 year record of spending in just 3-1/2 years adding an additional 5 trillion to the national debt.

Now what's that again about a 58 billion dollar "surplus"---LOL The only thing moving FORWARD in this administration is the line of RED INK.

That's just not true. And worse, the tens of thousands of American's maimed in Iraq under Bush will cost trillions in the coming decades. Just that fact means Obama will ever spend as much as Bush. We will be paying for Bush for decades.

Why is it that when you don't have an effective response, you choose to obfuscate and lie?

Your post implies that beano sometimes has an effective response. I've never been witness to such an event. Now the obfuscation and lying, yes.