The Treasury of the United States has now brought in the second largest surplus in history, proving that Trump’s economic plan is reaping big dividends.
By April, the U.S. government collected $850.2 billion in receipts while spending $591.8 billion, resulting in a monthly budget surplus of $258.4 billion.
This is the first surplus for fiscal year 2025 (which started in October of 2024) and is the second largest surplus only to the $308.2 billion surplus of April of 2022.
Per MoneyWise:
According to the U.S. Department of the Treasury, the surplus was driven by “large individual tax deposits,” with April being the due date for final payments on prior-year taxes and the first installment of quarterly estimated taxes for many individuals and businesses.
Individual income taxes alone brought in $537 billion — by far the biggest contributor to government revenue for April. Social insurance and retirement receipts followed at $184 billion, while corporate income taxes added $94 billion.
Customs duties — a reflection of Trump’s tariffs — generated $15.6 billion in April, more than double the $6.3 billion collected during the same month last year. Still, tariff revenue remains modest compared to other major contributors.
On the spending side, the biggest outlay for the month was Social Security at $132 billion, followed by $89 billion in net interest, $82 billion for Medicare, $76 billion for health and $70 billion for national defense.
Certainly, this won’t fix the problem. But it does show that if we were to continue these policies, it would eventually begin to reverse the massive deficit we have fallen into.
So, let’s keep this going, folks! Keep voting for the politicians who support this.
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