homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

May 13, 2019

US govt records $160.3B April surplus

By MARTIN CRUTSINGER
AP Economics Writer

WASHINGTON — The federal government recorded a $160.3 billion surplus in April as revenues for the month jumped to an all-time high. But even with a flood of tax receipts, the deficit so far this year is running 37.7% higher than a year ago.

The Treasury Department reported Friday that the deficit for the first seven months of the budget year that began Oct. 1 totals $530.9 billion, compared to a deficit of $385.5 billion for the same period a year ago.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.