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April, budget surplus

US budget surplus surges to $258 billion in April, year-to-date deficit tops $1 trillion

The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, reflecting strong tax receipts in the final month of the tax season and record collections of import duties,

KSL · 3d

US budget surplus surges to $258B in April, year-to-date deficit tops $1T

The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, the Treasury Department said on Monday.

Fiscal Times on MSN · 2d

Deficit as of April Was 13% Higher Than Last Year

Thanks to the annual surge in receipts as Americans pay their tax bills, the U.S. recorded a budget surplus of $258 billion in April. The surplus was about $48 billion larger than the monthly surplus recorded a year ago.

Ontario tables massive deficit in 2025 budget

Reuters on MSN · 16h

Ontario expects budget deficit to more than double in face of US tariffs

Ontario, Canada's most populous province and manufacturing powerhouse, on Thursday forecast its widest budget deficit since the height of the pandemic, more than doubling in size, and a slower move into surplus as it increased spending to support the economy in a trade war with the United States.

Bloomberg on MSN · 16h

Trade War Brings Ontario Budget Deficit to Near Pandemic Levels

Ontario’s budget shortfall is expected to reach its highest level since the beginning of the Covid-19 pandemic as the effects of the trade war hurt economic growth.

cbc.ca on MSN · 16h

Ontario tables massive deficit in 2025 budget amid Trump tariffs

Doug Ford’s new budget is awash in red ink, with a $14.6-billion deficit planned for the next fiscal year largely to deal with the economic pain of a trade war with the United States.

3don MSN

US rakes in record $16B in customs duties in April from Trump tariffs

Overall, the US government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier.

18hon MSN

Health care for immigrants, prison closure, fixing a deficit: Takeaways from Minnesota budget deal

Minnesota would revoke health care for adult undocumented immigrants but allow children to remain covered under a budget deal ...

Historic US budget alarm replaces tariff anxiety

RELIEF following the tariff war de-escalation looks set to be quickly replaced by government budget tensions. Alarms are ...

YISD: No layoffs, no school closures amid $5k buyout due to deficit

The Ysleta Independent School District is offering up to 400 teachers a $5,000 buyout as part of its strategy to address a ...

16h

Medicaid payments for 900K patients in CT at risk as deficit, deadline loom

A $250 million-to-$300 million deficit in Connecticut's Medicaid program is creating a cash-flow problem as payments are ...

1don MSN

California budget plan targets state worker pay amid $767M cost-cutting proposal

SACRAMENTO, Calif. — Gov. Gavin Newsom is proposing to cut nearly $767 million in state worker salaries and wages as part of his revised budget plan, sparking growing opposition from public employee ...

16hon MSN

Nebraska passes $11 billion two-year budget, closes major projected deficit for now

Lawmakers approved Nebraska’s $11 billion mainline budget for the next two years Thursday, leaving themselves with $1.1 ...

Local News Matters on MSN22h

Hundreds of San Francisco city workers rally against potential layoffs amid budget deficit

HUNDREDS OF CITY WORKERS on Wednesday used their lunch break to rally in front of San Francisco City Hall, urging Mayor ...

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April, budget surplus

Ontario tables massive deficit in 2025 budget