Treasury: Federal Budget Surplus for April Largest on Record, Driven by Tax Deposits

0 22

WASHINGTON—The U.S. authorities posted the very best surplus on file in April, though the federal deficit over the previous a number of months widened as spending rose together with revenues.

Authorities income rose by 12%, or $55 billion, in April from the identical interval a 12 months earlier, the Treasury Division mentioned Thursday. That introduced April’s surplus to $214.three billion, the most important April surplus on file.

Extra…



Supply hyperlink – https://www.wsj.com/articles/treasury-federal-budget-surplus-for-april-largest-on-record-driven-by-tax-deposits-1525976157?mod=pls_whats_news_us_business_f

You might also like

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.