Como se combate o populismo? "Com eleições", responde Fukuyama

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2:00pm 05/11/05 U.S. POSTS BUDGET SURPLUS OF $57.7 BILLION IN APRIL


ECONOMIC REPORT: U.S. posts $57.7 billion surplus in April
By Greg Robb, MarketWatch
Last Update: 2:02 PM ET May 11, 2005

WASHINGTON (MarketWatch) -- The U.S. government posted a federal budget surplus of $57.7 billion in April, compared with a $17.6 billion surplus a year ago, the Treasury Department said Wednesday.

April traditionally shows strong surpluses as the government collects receipts ahead of the April 15 tax deadline.

The surplus was in line with projections. It is the largest surplus for the month of April since 2002.

The Congressional Budget Office had estimated a surplus of $60 billion earlier this month.

Receipts rose 26.1% from a year ago, while outlays rose 8.6% from a year ago.

For the first seven months of the fiscal year, the government has run a deficit of $236.9 billion, down 16.5% from the deficit of $283.8 in the same period a year ago.

The Congressional Budget Office last week said that somewhat stronger than expected tax receipts, particularly on the corporate front, could hold the fiscal 2005 deficit to around $350 billion.

Year to date, corporate income taxes are up 47.8% from the same period last year.

The White House will release a revised budget estimate in July. The administration is projecting a deficit of $427 billion.