Thomson ReutersMay 10, 2013 17:30
By Anna Yukhananov
WASHINGTON (Reuters) - The United States posted its biggest monthly budget surplus in five years in April, the Treasury Department said on Friday, adding that revenues are running at a record high so far this year thanks to higher taxes and an improving economy.
The April surplus was $113 billion, about $6 billion higher than economists' expectations and the highest surplus since April 2008, according to the Treasury. The surplus in April 2012 was $59 billion.
Follow us: