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First surplus in the budget of the United States in April for three and a half years

Written By Mody Mohammed Saad on May 11, 2012 | 12:14 AM

Was the outcome of the U.S. federal budget in April for the first time positive after three and a half years was a negative, according to figures released by the Treasury Department in Washington on Thursday.
First surplus in the budget of the United States in April for three and a half years


The surplus in the budget during the April 59.1 billion dollars, while the U.S. recorded a fiscal deficit of a year ago of $ 40.4 billion, according to ministry figures, which were identical with the expectations of analysts.

This is the first month he graduated from the U.S. fiscal deficit since September 2008.

And April is the seventh month in the fiscal year and is witnessing a traditional surplus in the United States, except in April 2011 which recorded a deficit of 40.4 billion dollars.

The surplus came as a result increases in revenue and lower expenses. The total accumulated deficit of the United States since the start of the fiscal year (the first of October) was $ 719.9 billion in the April 30, according to government figures, 17%, down from a year earlier. Also recorded the first seven months of the year rising state revenues and lower expenditures.
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