US POSTS BIGGEST MONTHLY BUDGET SURPLUS IN FIVE YEARS

Treasury Department

This just in: the U.S. government just posted a $112.9 billion budget surplus in April, the highest in five years.

Total tax receipts in April were $406.723 billion, up 27.6% from April 2012.

Total spending was $293.833 billion, up 13.1% from a year earlier.

More details to follow…

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