U.S. government posts $182 billion surplus in April

a reply to: dfnj2015
Taxes? When did avoiding "taxes" become Un-American? Didn't we have a "tea party" over this ounce? If you are a snowflake and think others can spend your money better?...We feel for you.

This extra money is only possible because the Democrats won't let Trump do anything, they keep him preoccupied so he can't spend much money.

Isn't April always a surplus month?

This is caused by tax receipt peaks at this time of year. Not anything any president as done.

*yawn*

It's impossible to pay off a debt based on fiat currency.

originally posted by: SBMcG

originally posted by: Throes

originally posted by: toysforadults

originally posted by: BlueAjah
Trump's federal hiring freeze may have contributed to this.
He also already had departments working on cutting spending.

Trump had nothing to do with it this is all Obama.

Because Obama ran surpluses for 8 years... or he just figured it out after 8 years?

Obama ran massive deficits every year of his failed presidency:

2009: $1,413 billion

2010: $1,294 billion

2011: $1,295 billion

2012: $1,087 billion

2013: $679 billion

2014: $485 billion

2015: $438 billion

2016: $587 billion

You realize FY2009 started in October 2008, right?

E: This is from libertarian CATO of all places Don’t Blame Obama for Bush’s 2009 Deficit in November 2009:

The 2009 fiscal year began October 1, 2008, nearly four months before Obama took office. The budget for the entire fiscal year was largely set in place while Bush was in the White House. So is we update the chart to show the Bush fiscal years in green, we can see that Obama is partly right in claiming that he inherited a mess (though Obama actually deserves a small share of the blame for Bush’s last deficit since earlier this year he pushed through both an “omnibus” spending bill and the so-called stimulus bill that increased FY2009 spending).

a reply to: Swills

The expectation was a deficit, so hard to credit Obama.

originally posted by: OccamsRazor04
a reply to: Swills

The expectation was a deficit, so hard to credit Obama.

It's due to tax receipts. April is almost always a surplus month. April had a higher surplus this year than last year, but last year had a higher surplus from the start of the year to now.

On it's own that data means basically nothing.

a reply to: Fools

You misunderstood the article. Nothing was in the black just not as much red as expected.

a reply to: dragonridr

I wanted to generalize to see certain responses. I do think that there is a discernible level of fear at the moment within the bureaucracies responsible for "purchasing" or allocating funds that is also at play here. In other words, there are far less "slips" here and there to various pet projects as they are almost all certain that the party is over. (This idea placed in my head by a few pals that work for various federal agencies. Not fact, opinion)

Also, there is NOT nor has there been any surplus since the 1990's. And I believe that was just for 2 years.

What this actually means is that they took in more than they expected and will therefore be able to purchase more. Sadly I doubt any of that money will actually go into paying off our collective debt to the Federal Reserve.