Bloomberg by the Numbers: $2.88 Billion

That’s the federal government’s budget surplus for January, according to a statement yesterday from the Treasury Department.

The government had receipts of $272.2 billion and outlays of $269.3 billion during the month. Receipts rose from $234.3 billion in January 2012. The government gets most of its revenue from income and payroll tax receipts.

The nation ran a January surplus for the first time in five years. The government had a $17.8 billion surplus in January 2008.

Bloomberg’s Meera Louis has more on the Treasury report.

 

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