surplus

Treasury Reports Rare $113B Surplus in April

The U.S. Treasury said Friday that it took in a rare surplus of $113 billion in April, the largest in five years.

Social Insecurity: Inside the 'Trust Fund' Illusion

Washington has been borrowing Social Security's surpluses for decades and issuing IOUs in return. However, the ability to pay those IOUs depends on the Treasury borrowing more money on global bond markets at affordable rates. That's hardly a sure thing.

U.S. Trade Deficit Unexpectedly Rises in May

May's unexpected rise in the U.S. trade deficit to $42.3 billion isn't likely to resolve the tug of war between the economic optimists and pessimists. Imports and exports both grew, but imports grew marginally faster.

Stimulus? We don't want no stinkin' stimulus money

Social Security surplus expected to vanish much sooner than expected