Treasury Realizes First Surplus in Nearly 2.5 Years

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Treasury Realizes First Surplus in Nearly 2.5 Years

The US Treasury realized a monthly surplus of $118.7 billion in January. It was the first budget surplus since September 2019 and the largest since it realized a $160 billion surplus in April of 2019. The surplus was driven by high revenue from a continued surge in Individual Taxes. This was combined with shrinking expenditures […]

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Source: https://schiffgold.com/exploring-finance/treasury-realizes-first-surplus-in-nearly-2-5-years/

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