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.
