US budget surplus at $176 billion in April - Breaking The News
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US budget surplus at $176 billion in April

BEN MATER / UNSPLASH

The United States Bureau of Fiscal Service said in its Monthly Treasury Statement on Wednesday that the country's budget surplus was equal to $176 billion in April.

Total monthly receipts in the United States amounted to $639 billion, with $381 billion coming from individual income taxes and $163 billion from social insurance and retirement.

Total monthly outlays in the country came in at $462 billion, most prominently in the Social Security section at $115 billion, followed by Health and Net Interest amounting to $63 billion and $62 billion, respectively.

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