U.S. posts $106 billion budget surplus in April

May 11, 2016 6:06 PM

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U.S. posts $106 billion budget surplus in April

WASHINGTON The U.S. government posted a $106 billion budget surplus in April, down 32 percent from the same period last year, the Treasury Department said on Wednesday.

The government had a surplus of $157 billion in April of 2015, according to the Treasury's monthly budget statement. Analysts polled by Reuters had expected a $112 billion surplus for last month.

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