In January alone, the government collected more taxes than ever before for that month, according to the Monthly Treasury Statement. The Treasury just released numbers and they reveal that the federal government ran a surplus for the month.
The Treasury brought in approximately $361 billion in total tax revenue for the month of January and managed to only spend roughly $311.8 billion. This means it ran a surplus of over $49.2 billion.
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Although the surplus numbers look great, the government still has a deficit of approximately $175.7 billion for the 2018 fiscal year. This is because it began the month of January with a deficit of almost $225 billion.
Donald Trump is getting the U.S. economy back to basics and the result was a remarkable budget SURPLUS of nearly $50 billion dollars last month. The Establishment Media is largely ignoring this remarkable turn of events. https://t.co/o985GYm4HJ
— Bill Mitchell (@mitchellvii) February 13, 2018
The surplus of over $49 billion is definitely a number Trump's detractors won't want to cover.
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