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submitted 3 weeks ago by [email protected] to c/finance

The April receipts saw the federal government post a $258B budget surplus for April, up 23% from a year earlier

https://www.foxbusiness.com/politics/record-16b-tariff-inflow-helped-ease-us-budget-deficit-rate

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[-] [email protected] 5 points 3 weeks ago

But at what cost? Businesses are closing because they cannot afford to pay the tariffs on their products.

[-] [email protected] 4 points 3 weeks ago

Breaking news, taxing people leads to more government money. Next on water is wet news.

[-] [email protected] 0 points 3 weeks ago

I think the news here is that the money actually went towards reducing the deficit rather than being spent on something else.

[-] [email protected] 2 points 3 weeks ago

I don't know why youd think that when they have plans for the money and it sure as hell won't be to reduce the deficit.

[-] [email protected] -1 points 3 weeks ago

It's because they don't have plans for the money and it was used to reduce the deficit

[-] [email protected] 2 points 3 weeks ago

Might want to reread that article because it's not reducing anything, they are spending more money not less.

[-] [email protected] -1 points 3 weeks ago

What do you think "deficit rate" means?

[-] [email protected] 2 points 3 weeks ago

Wasn’t it Dick Cheney who said “Deficits don’t matter” a while ago?

this post was submitted on 13 May 2025
-7 points (18.2% liked)

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