Reported about 17 hours ago
In April 2025, the US Treasury surprised many with a $258 billion budget surplus, marking the second-largest monthly surplus in US history. The unexpected surplus came from $850.2 billion in government receipts against $591.8 billion in expenditures, primarily driven by individual tax payments. However, despite this surplus, the broader fiscal situation remains concerning, with a $1.049 trillion deficit accumulated since the fiscal year began in October 2024.
Source: YAHOO