12-07-2013, 10:24 AM
Further good sign on US recovery....
US posts widest budget surplus since 2008
WASHINGTON — The United States posted the widest monthly budget surplus in more than five years in June, as spending plunged 47 per cent and a stronger economy lifted tax receipts, the Treasury Department said.
Receipts exceeded outlays by US$116.5 billion (S$147 billion) last month, the biggest surplus since April 2008, compared with a US$59.7 billion deficit in June last year. The result exceeded the median US$115 billion estimate in a Bloomberg survey of 21 economists.
http://www.todayonline.com/business/us-p...rplus-2008
US posts widest budget surplus since 2008
WASHINGTON — The United States posted the widest monthly budget surplus in more than five years in June, as spending plunged 47 per cent and a stronger economy lifted tax receipts, the Treasury Department said.
Receipts exceeded outlays by US$116.5 billion (S$147 billion) last month, the biggest surplus since April 2008, compared with a US$59.7 billion deficit in June last year. The result exceeded the median US$115 billion estimate in a Bloomberg survey of 21 economists.
http://www.todayonline.com/business/us-p...rplus-2008
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡