April was best month in history for U.S. budget, according to CBO figures

Tuesday, May 8, 2018 | Tag Cloud Tags: , , , , , ,

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(Worthy News) - The federal government took in a record tax haul in April en route to its biggest-ever monthly budget surplus, the Congressional Budget Office said, as a surging economy left Americans with more money in their paychecks — and this more to pay to Uncle Sam.

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.

CBO analysts were surprised by the surplus, which was some $40 billion more than they’d guessed at less than a month ago. [ Source: Washington Times (Read More...) ]

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