
The Congressional Budget Office (CBO) is expected to release its report later in the week detailing a budget surplus of $58 billion. This news comes as a great indicator of the economic recovery currently occurring in the U.S. Claims from Republicans blaming President Obama for the current status of the economy enrage taxpayers with a fury previously unseen. Voters are angry because of the lack of jobs, mortgage foreclosures and poor economy. A budget surplus should help quell some of those concerns, although doubt seems to override reason when people become emotionally charged about the issues.
The last time the U.S. government recorded a surplus was in September 2008 - one month before the housing bubble burst. The surplus is due, in part, from receipts in April 2012 exceeding those in April 2011 by $30 billion. Spending also fell $69 billion since the same time last year. This decreased spending came from less funding to defense, Medicaid and the Postal Service.
Small business job growth is very encouraging and offers hope for many unemployed citizens currently seeking employment. At this time, small businesses are offering more new jobs than big businesses. Small businesses employ one half of the nations’ workers and job growth in small businesses is a strong indicator that small businesses will help carry the nation to continued economic recovery. Many jobs from big businesses have been shipped overseas and there is not much hope of those jobs returning to the U.S.
Read more here: http://www.allvoices.com/contributed-new
The crackdown on Medicare billing fraud is saving taxpayers millions of dollars. Medicare billing fraud leads to wasted taxpayer dollars spent on bogus services that have never actually been provided. This crackdown by the Medicare Fraud Task Force led to arrests in “Tampa, Miami, Chicago, Los Angeles, Baton Rouge and Houston brought in 100 people in the biggest roundup in a crackdown that began three years ago." President Obama initiated the Medicare Fraud Task Force three years ago.
Read more here: http://www.allvoices.com/contributed-new
Seniors are saving billions of dollars with changes to prescription costs every year with the new rules under Obamacare. Due to changes in costs seniors incur in the “donut hole” under the Affordable Care Act, out of pocket expenses have been reduced by $3.4 billion for 5.1 million seniors.
Read more here: http://www.allvoices.com/contributed-new
Economic recovery is a slow and painful process. Seeing good news like this is not only encouraging- it is refreshing. As our nation continues to pull out of the biggest economic disaster since the Great Depression, we look forward to even more wonderful news about the recovery.
http://www.marketwatch.com/Story/Story/?
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Nice article but your research is sloppy. Just because those currently serving in our government says "this is so..." does not make it the truth.
Remember other lies by this administration?
"I will veto the NDAA" - I won't sign it... because of the indefinite detention of US citizens on US soil - worse Obama and his administration were fighting to have that put INTO the NDAA and lying to us about it),
Afghanistan (Senior ranking U.S. military leaders have so distorted the truth when communicating with the U.S. Congress and American people in regards to conditions on the ground in Afghanistan that the truth has become unrecognizable. This deception has damaged America’s credibility among both our allies and enemies, severely limiting our ability to reach a political solution to the war in Afghanistan." Lt. Colonel Daniel Davis, a 17-year Army veteran recently returned from a second tour in Afghanistan.),
On September 8th, 2011, General William Shelton told lawmakers during a highly classified briefing. The four-star general is in charge of Air Force Space Command. According to the Daily Beast, "Pressed by members, Gen. William Shelton said the White House tried to pressure him to change his testimony to make it more favorable to a company tied to a large Democratic donor." (I know, but this is pressuring someone else to lie for them),
Fast and Furious - I am sure all you remember Obama's press release on it. Project Gun Runner (Fast and Furious) was launched under the orders of President Barack Obama with the knowledge of Attorney General Eric Holder. Deputy Attorney General David Ogden announced the Obama Administration's new and aggressive 'comprehensive plan' on March, 24, 2009. The plan was aimed at disrupting gun trafficking between the United States and Mexico. The first words were: “The President has directed us…”,
Guantanamo, closing it
As a candidate when his "team" made sure that everyone knew that he had been a "Constitutional Professor" when running so that the impression was made that he would follow the blueprint for the operation of our government,
He took a solemn Oath (legally binding, civil and political offense to break it)to "PRESERVE, PROTECT, AND DEFEND the US Constitution - a requirement of the office to get into it. Keeping it is a requirement of the office to be able to legally stay in it. Yes, that does include any person serving within our fed gov's three branches. So a VERY BIG LIE and a *prosecutable one here.
*Solemn: “legally binding, Common legal phrase indicating that an agreement has been consciously made, and certain actions are now either required or prohibited”, “The other requirement for an agreement or contract to be considered legally binding is consideration - both parties must knowingly understand what they are agreeing to”. (America fully expected a president who followed the US Constitutional definition of how our government operates. Part of his “why he was better candidate” brought up many times while running was that he was a “Constitutional Professor”),
*“Bound - Being under legal or moral obligation"
I will research the budget and get back to youwith the facts, not a "release".