(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…) ]
We're being CENSORED ... HELP get the WORD OUT! SHARE!!!
Related News Items:
- Blinken: Best result for US, Iran is return to nuclear deal
- Inflation up 8.5% from year ago, 40-year high, according Labor Department's March CPI report
- Putin sidelines Russia's defense minister over stalled progress in Ukraine, according to the UK
- Egyptian Education Reforms Eliminating Antisemitism from Curriculum, According to New Report
- On April Fool's Day: House Passes Bill to Legalize Marijuana
- U.S. economy added 428,000 jobs in April, exceeding expectations, jobless rate unchanged at 3.6%
- Inflation surges higher-than-expected 8.3% in April, near 40-year record
- National debt passes $30 trillion for the first time in U.S. history
- Ukraine cyberattack: Russia blamed for ‘largest’ disruption of its kind in country’s history
- DNI: China engaged in largest nuclear buildup in history, preparing ground to take Taiwan
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.