US EditionUS budget surplus rises 23% to $258 billion in April, customs revenue surges
- In April 2025, the U.S. Treasury reported a budget surplus of $258 billion, representing a 23% rise compared to the same month the previous year.
- The surplus rose due to strong tax receipts at the tax season's end and heightened import duties amid President Trump's raised tariffs on Chinese goods.
- Net customs duties amounted to $16 billion in April, pushing collections to $63 billion over the initial seven months of fiscal year 2025, an increase from $48 billion during the same timeframe last year.
- Treasury reported fiscal year-to-date receipts at a record $3.110 trillion and outlays at $4.159 trillion, with a $1.049 trillion deficit up 23% year-over-year.
- The budget surplus suggests temporary fiscal improvement, but new revenue is expected to decline following recent tariff easing deals between the U.S. and China.
24 Articles
24 Articles
Idaho Press
State revenue nearly $98 million below projected number through April
The state’s revenue through April is $97.6 million below the Legislature’s estimated revenue for this point in the fiscal year.
ThePatriotLight - US Treasury Shocks With Second Biggest Budget Surplus In History
ThePatriotLight - Two weeks ago, as part of its quarterly refunding announcement, the Treasury surprised the market when it unveiled a funding need for the current quarter that was $53 billion lower than it had initially forecast in February, and which we said "indicates that DOGE is indeed working and the US funding needs are actually declining."Needless to say, for a market that was habituated to Joe Biden's debt-funded drunken sailor spending…
The United States has collected approximately $16.3 billion in gross VAT in April - approximately $7.6 billion more than in March - according to the US Treasury Department's monthly statement, according to CNN.
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