Last Update: 21-May-19 13:10 ET
- The Treasury Budget for April showed a surplus of $160.3 billion versus a surplus of $214.3 billion for the same period one year ago.
- The Treasury Budget is not seasonally adjusted, so the April surplus cannot be compared to the $146.9 billion deficit for March.
- Total receipts of $535.5 billion for April were $25.1 billion more than the year-ago period. Individual Income Taxes accounted for $333.0 billion of receipts. Social Insurance and Retirement provided $135 billion. Corporate Income Tax receipts were $45.0 billion. Excise Taxes, Miscellaneous Taxes Custom Duties Taxes, and Estate and Gift Taxes made up the remaining $22.0 billion of receipts.
- Total outlays in April were $375.2 billion, $79.0 billion more than the year-ago period. The largest outlay was $87.0 billion for Social Security, followed by $55.0 billion for National Defense and $55.0 billion for Medicare. Other large outlays included $49.0 billion for Health, $46 billion for Income Security, $38 billion for Net Interest, and $17 billion for Veterans' Benefits and Services.
- The fiscal year-to-date deficit is $530.9 billion versus a deficit of $385.4 billion for the same period ago.The budget deficit over the last 12 months is $924.4 billion, versus $870.5 billion for the 12 months ending in March.
|Deficit (-)/Surplus Fiscal YTD
|Deficit (-)/Surplus over last 12 months