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USA POSTS BIGGEST MONTHLY BUDGET SURPLUS IN FIVE YEARS
by Cals Sat 11 May 2013, 02:22
USA POSTS BIGGEST MONTHLY BUDGET SURPLUS IN FIVE YEARS
By Matthew Boesler | Business Insider – 19 minutes ago
Wikimedia Commons/Florian Hirzinger
This just in: the U.S. government just posted a $112.9 billion budget surplus in April, the highest in five years.
Total tax receipts in April were $406.723 billion, up 27.6% from April 2012.
Total spending was $293.833 billion, up 13.1% from a year earlier.
The numbers were right in line with analysts' consensus estimate for a $112 billion surplus.
There is always a spike in revenues in April because of tax season, but this is the biggest April surplus since 2008.
The chart below shows 10 years of monthly U.S. budget balances.
[You must be registered and logged in to see this image.]
By Matthew Boesler | Business Insider – 19 minutes ago
Wikimedia Commons/Florian Hirzinger
This just in: the U.S. government just posted a $112.9 billion budget surplus in April, the highest in five years.
Total tax receipts in April were $406.723 billion, up 27.6% from April 2012.
Total spending was $293.833 billion, up 13.1% from a year earlier.
The numbers were right in line with analysts' consensus estimate for a $112 billion surplus.
There is always a spike in revenues in April because of tax season, but this is the biggest April surplus since 2008.
The chart below shows 10 years of monthly U.S. budget balances.
[You must be registered and logged in to see this image.]
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