US posts $6 billion budget surplus in June

The US federal government posted a budget surplus of $6 billion in June, compared with a surplus of $50 billion in the same month a year earlier, the Treasury Department said on Wednesday. The current fiscal year-to-date deficit stood at $401 billion, according to the Treasury's monthly budget statement.
Receipts last month totalled $330 billion, while outlays were at $323 billion. Accounting for calendar adjustments, June would have shown a surplus of $10 billion compared to an adjusted surplus of $50 billion for June 2015.