WASHINGTON — The federal government posted an $82.7 billion deficit in April, far exceeding economists’ estimates, and a record deficit for April, the Treasury Department reported yesterday.
Outlays totaled $328 billion and receipts totaled $245.3 billion.
Economists estimated the federal government would have a $30 billion deficit in April.
In March, the U.S. posted an unrevised $65.4 billion deficit.
April is typically a surplus month for the Treasury as it collects personal income taxes.