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US deficit looms large despite April surplus
For the first time in nearly four years, the U.S. government last month took in more money than it spent.The surplus for April was a welcome sign that the economy is trudging back to health. Still, it's just one month of black ink in a budget stained in red. For the budget year, the country remains on track for a fourth straight $1 trillion deficit — a trend that should keep the deficit near
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