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Budget Surpluses

US Posts First Monthly Budget Surplus in More Than 2 Years

Equities Staff | Equities.com |

The U.S. government posted a $119 billion budget surplus in January, the first in more than two years, amid strong growth in tax receipts and a sharp drop in pandemic-related outlays

The January surplus compared to a January 2021 deficit of $163 billion, a record for the month asdirect payments to individuals from COVID-19 aid legislation enacted in December 2020 were distributed.

The surplus last month was the first sinc...


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