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May 5th, 2012 
FAKE NEWS for the Zionist agenda - Video
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The Prime Minister has announced more detail on the launch of the National Disability Insurance Scheme.
Julia Gillard has moved to stem speculation about defence cuts in the lead up to the May 8 federal budget.
BIG ASK: The Treasurer Wayne Swan has the daunting task of turning an estimated $40 billion deficit in 2011-12 to a surplus of $1.5 billion in 2012-13.
Source: The Courier-Mail
TREASURER Wayne Swan will dip into the pockets of the rich to deliver Labor’s first Budget surplus in 13 years, arguing it is the right economic decision for the times and will ease the interest-rate squeeze on working families.
Mr Swan’s fifth Budget, to be handed down on May 8, comes as Labor seeks a boost over the Coalition in the polls and Prime Minister Julia Gillard faces renewed leadership speculation over her handling of the Peter Slipper and Craig Thomson affairs.
The Treasurer has the daunting task of turning an estimated $40 billion deficit in 2011-12 to a surplus of $1.5 billion in 2012-13, amid falling company tax revenues and rising demand for government services.
Mr Swan also hopes the projected surplus will give the Reserve Bank of Australia, which cut official interest rates by a hefty 50 basis points a week ahead of the May 8 budget, the ability to keep rates low.
The Treasurer has spent this year talking about Labor values like fairness and equality, and accusing some of the nation’s richest people – such as miners Clive Palmer, Andrew Forrest and Gina Rinehart – of using their financial muscle to influence public policy debates.
The Treasurer’s Budget plan will target the rich by doubling the tax rate on superannuation contributions, winding back tax concessions on living-away-from-home allowances, and means-testing the private health insurance rebate.
In line with his “Labor values” agenda, there will be start-up money for the National Disability Insurance Scheme, a revamp of the aged-care system, incentives for employers to give over-50s a job, personal tax cuts for those earning less than $80,000 and increases in pensions, allowances and family payments as part of the clean-energy package.
Mr Swan will also bring forward some spending to 2012-13 and put off some spending on defence procurement and roads to 2013-14.
A possible boost to the public service “efficiency dividend” is on the cards, slashing an estimated 2800 public service jobs through voluntary redundancies and not filling vacant positions.
The Federal Opposition says it won’t believe anything Mr Swan says about the surplus until the final Budget outcome is released in late 2013, most likely after the next election.
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