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.
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U.S. reports one-month financial surplus thanks to tax collections | Northwest Arkansas Democrat-Gazette
WASHINGTON -- The federal government experienced a $258.4 billion surplus in April, an excess largely fueled by last month's collection of individual income taxes.
·Arkansas, United States
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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…
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