President Obama is the worst socialist ever. His evil plan to destroy the American economy is failing miserably.
The U.S. government posted a $55 billion budget surplus in January, up from an $18 billion deficit in the same month a year ago, the Treasury Department said on Wednesday.
Some analysts had expected a $45 billion surplus for last month. Treasury officials said the surplus was boosted by the highest receipts on record for the month of January.
The January surplus was $15 billion, compared to an adjusted $2 billion surplus in the same month a year ago.
The current fiscal year-to-date deficit stood at $160 billion, compared to a deficit of $194 billion at the same point last year.