Feds Collect Record Taxes in First Month Under Tax Cut; Run Surplus in January

[Yarddog]

From the "We'll see if this continues", files: Feds Collect Record Taxes in First Month Under Tax Cut; Run Surplus in January

During January, the Treasury collected approximately $361,038,000,000 in total tax revenues and spent a total of approximately $311,802,000,000 to run a surplus of approximately $49,236,000,000.
...
Despite the monthly surplus of $49,236,000,000, the federal government is still running a deficit of approximately $175,718,000,000 for fiscal year 2018. That is because the government entered the month with a deficit of approximately $224,955,000,000.​

I'm waiting to see exactly where the revenues came from and if it continues.

 

[hislegacy]

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[essentialsaltes]

Going month by month doesn't give us the full picture, but since it's all we got until more time passes...

The U.S. recorded a $215 billion budget deficit in February -- its biggest in six years -- as revenue declined.

“Increases in wages and salaries were more than offset by a decline in the share of wages withheld for taxes,” the CBO said.