April was best month in history for U.S. budget


#1

All told the government collected $515 billion and spent $297 billion, for a total monthly surplus of $218 billion. That swamped the previous monthly record of $190 billion, set in 2001.

Analysts said they’ll have a better idea of what’s behind the surge as more information rolls in, but for now said it looks like individual taxpayers are paying more because they have higher incomes.

Good?


#2

Double Good.


#3

I’m not smart about economy.


#4

too easy…


#5

I give you leave…


#6

One month is but a blip on the budget map.

Big picture: While the surplus helped the government’s coffers for the month, the longer-term trend is going the other way. The Treasury said the budget deficit for the fiscal year to date is running ahead of the year-ago period, at $385 billion compared to $344 billion. That rising tide of red ink jibes with higher deficits estimated by the CBO, which forecasts a shortfall of $804 billion for the current fiscal year, and even higher deficits later, spurred on by the tax-code overhaul passed late last year.


#7

Now I can finally pay off that porn star.

Thanks, Unka Donald!


#8

But it was with Chinese slave labor :disappointed:


#9

Offshore tax write-off.


#10

I think April always runs a surplus because of tax day, even when the year is going to be a huge deficit.


#11

Well, this was a lazy, content-free OP with no link. Thanks.


#14

I like the part where analysts will try to figure out later where the surge came from. Like the analysts can’t figure out tax month. Lol.


#15

Actually there is a link in the OP. If supper time is over those dishes aren’t going to wash themselves.


#16

Posting the link would show that we have blown past the yearly deficit compared to where we were last year, and heading for a record all time high yearly deficit.


#17

That swamped the previous monthly record of $190 billion, set in 2001

Blockquote

Tax month is only once every 7 years?


#18

Link is posted in the OP. I’m trying hard to be civil here.


#19

Can’t find it.


#20

That swamped the previous monthly record of $190 billion, set in 2001

Tax month is once every 7 years?


#21

This post makes no sense.


#23

Never mind. I screwed it up.