Federal Deficit Decreasing?

money stock market(AP) – The U.S. Treasury says it took in a surplus of $113 billion in April, the largest in five years. That lowered the federal deficit through the first seven months of the budget year and kept it on pace to be the smallest since 2008.

Steady economic growth and higher tax rates have boosted the government’s tax revenue, while spending has declined.

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  • http://hayspost.com Cousin Johnny

    Its a start…..I think this proves divided government and partison politics can work!

    • http://hayspost.com american

      Or it proves the country can run just fine without congressmen