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NFIB Weekly News Business Climate

Federal Government Records $182.4B Budget Surplus. (05/16/2017)

The AP (5/10, Crutsinger) reported the federal government “ran the second highest monthly surplus on record this April as tax revenues were pushed higher by a change in the deadline for corporate tax payments.” The AP added that the government “generally runs surpluses in April reflecting the annual tax deadlines,” and “this year’s surplus was inflated because of a deadline change that allowed corporations until April to make their final tax payments for last year.”

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