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Post by bot on May 14, 2014 22:51:05 GMT -5
WASHINGTON (MarketWatch) - The federal government recorded a budget surplus of $107 billion in April, the Treasury Department reported Monday. That is 5% less than the surplus in April 2013. The government took in $414 billion in the month, 2% more than a year ago. Outlays were $307 billion for April, 5% higher than in April 2013. For the fiscal year to date, the deficit is $306 billion, 37% lower than the same period in fiscal 2013. The fiscal year runs from October to September. April is usually a surplus month, as the Treasury collects a spate of tax receipts.
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