The U.S. government posted a budget surplus of $3 billion in January, the first monthly surplus since September of 2012, Market Watch reported on Tuesday. The Treasury Department marked a 16% increase in revenues driven in part by the expiration of the payroll tax-cut which Congress and the White House let lapse during fiscal cliff negotiations on January 1.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=166716