The US Treasury just shocked Americans with a $258B surplus — its 2nd biggest monthly surplus in history

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• DarkDecay@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

  Despite the hefty surplus, one strong month isn’t enough to reverse the broader fiscal trend. From October 1 through April 30, the U.S. government brought in $3.110 trillion in revenue but spent $4.159 trillion — resulting in a $1.049 trillion deficit for the fiscal year so far.>

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