You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Submit your comments on this article
Government
U.S. Government Posts $182 Billion Surplus in April
2017-05-11
WASHINGTON (Reuters) - The U.S. government had a $182 billion budget surplus in April, confounding market expectations for a deficit, according to Treasury Department data released on Wednesday.

The budget surplus was $106 billion in April 2016, according to Treasury's monthly budget statement.

The fiscal 2017 year-to-date deficit was $344 billion compared with $353 billion in the same period of fiscal 2016.

When accounting for calendar adjustments, the surplus last month was $145 billion compared with an adjusted surplus of $146 billion the prior year. The adjusted deficit for the fiscal year to date was $373 billion compared with $314 billion the prior fiscal year period.

Receipts last month totaled $456 billion, up 4 percent from April 2016, while outlays stood at $273 billion, a decrease of 18 percent from the same month a year earlier.
Posted by:Snomose Whemp8215

#5  the April surplus is a result of the April filing deadline

because more people are asking for extensions each year, the anticipated surplus was about $100B but apparently, a lot of people paid estimated taxes with their extension.
Posted by: lord garth   2017-05-11 17:18  

#4  NYT "Budget surplus causes Global Warming"
Posted by: g(r)omgoru   2017-05-11 11:24  

#3  If only it could be kept a secret.
Posted by: Alaska Paul   2017-05-11 10:26  

#2  It's one of those stories one wishes wasn't reported. Now the "Deep State" will feel obligated to spend this money before the new fiscal year.
Posted by: JohnQC   2017-05-11 09:38  

#1  Now we can raise interest rates and bin ZIRP.
Posted by: Bright Pebbles   2017-05-11 08:33  

00:00