The April 2025 Budget Review shows a notable surplus in revenue, raising the question of how best to utilize the excess—whether to reduce the national deficit, invest in infrastructure, support key industries, something unique, or pursue other priorities.
According to the Congressional Budget Office’s Monthly Budget Review for April 2025:
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The federal budget recorded a $256 billion surplus, a 22% increase compared to April 2024.
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Total receipts were estimated at $850 billion, representing a 10% year-over-year increase, primarily driven by gains in income and payroll taxes (up 9%).
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Customs duties rose by $8 billion, marking a 130% increase.
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Excise taxes increased by $4 billion (a 55% rise).
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Corporate income tax revenues also grew by $4 billion, a 4% increase from the previous year.
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