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Late tax returns lift April surplus for U S government
The Treasury reports April revenue of 91.44 billion, outpacing spending by 9.93 billion for a rare budget surplus. For the first seven months, revenue totals reach 448.31 billion while spending hits 574.73 billion, with Gramm Rudman targets guiding further deficits. Health and Human Services, military, and debt interest remain top spending areas.
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Washington
Treasury Department
Department
Reagan
Department of Health and Human Services