APRIL SURPLUS $182 BILLION, NEXT LARGEST ON RECORD: GREAT AGAIN

Posted on May 11, 2017

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AP: “The federal government ran the second highest monthly surplus on record this April as tax revenues were pushed higher by a change in the deadline for corporate tax payments.
In its monthly budget report, the Treasury Department said Wednesday that the surplus for April totaled $182.4 billion, the second largest surplus after a record $189.8 billion surplus set in April 2001.”

“The Congressional Budget Office is projecting that the deficit for the full budget year, which ends on Sept. 30, will decline 4.6 percent to $559 billion. That would compare to a 2016 deficit of $585.6 billion.”

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Fox: Federal government records $182.4 billion budget surplus

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Posted in: News, Politics