US records biggest budget surplus in 7 years
With surge of tax payments, US posts biggest monthly budget surplus in 7 years
By Martin Crutsinger, AP Economics Writer 17 hours ago
WASHINGTON (AP) -- A flood of tax payments pushed government receipts to an all-time high in April and left the country with the largest monthly budget surplus in seven years.
In its monthly budget report, the Treasury Department said Tuesday that the April surplus totaled $156.7 billion, up from a surplus of $106.9 billion a year earlier. It was the largest surplus since April 2008.
Government receipts totaled $471.8 billion, the largest monthly total on record.
http://finance.yahoo.com/news/us-rec...180931029.html
With surge of tax payments, US posts biggest monthly budget surplus in 7 years
By Martin Crutsinger, AP Economics Writer 17 hours ago
WASHINGTON (AP) -- A flood of tax payments pushed government receipts to an all-time high in April and left the country with the largest monthly budget surplus in seven years.
In its monthly budget report, the Treasury Department said Tuesday that the April surplus totaled $156.7 billion, up from a surplus of $106.9 billion a year earlier. It was the largest surplus since April 2008.
Government receipts totaled $471.8 billion, the largest monthly total on record.
http://finance.yahoo.com/news/us-rec...180931029.html
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