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Treasury reports $107 billion surplus in April, less than estimated

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The Treasury Department reported Monday that the federal government ran a $107 billion surplus in April, the month in which individual income tax returns were due. That sum was smaller than the Congressional Budget Office had estimated, and also smaller than the $113 billion surplus in April 2013. Revenues for the month, however, were the largest ever, at $414 billion. That number, however,...

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