U.S. posts budget surplus for January

[RecycleMichael]

http://www.businessinsider.com/us-budget-surplus-january-2013-2013-2

According to the latest Monthly Treasury Statement, the U.S. posted a budget surplus of $2.88 billion in January. Economists surveyed by Bloomberg were expecting a deficit of $2.0 billion.

According to Reuters, this is the first January budget surplus in five years.

Receipts were $272.2 billion while the spending was $269.3 billion.  This is important to remember, because budget deficits and surpluses aren't just about spending levels.  Indeed, growth plays just as important a role.

[Townsend]

http://www.businessinsider.com/us-budget-surplus-january-2013-2013-2

According to the latest Monthly Treasury Statement, the U.S. posted a budget surplus of $2.88 billion in January. Economists surveyed by Bloomberg were expecting a deficit of $2.0 billion.

According to Reuters, this is the first January budget surplus in five years.

Receipts were $272.2 billion while the spending was $269.3 billion.  This is important to remember, because budget deficits and surpluses aren't just about spending levels.  Indeed, growth plays just as important a role.

I credit excessive tree removal.

[Hoss]

I credit excessive tree removal.

Remember: trees damage homes.

[Townsend]

Remember: trees damage homes.

They drop coconuts that kill 150ish people a year.

[YoungTulsan]

The IRS delayed tax refunds this year.

[Gaspar]

The IRS delayed tax refunds this year.

Shhhh.  They're Trillions behind in refunds.  They waited until January 30th to open tax filing.  This of course creates some inflated numbers.
http://www.accountingtoday.com/news/IRS-Offers-Advice-Coping-Delayed-Tax-Season-65425-1.html

Then of course there is also this.



All of which makes Dr. Evil very happy.

[Hoss]

The IRS delayed tax refunds this year.

Not by much.  Got mine in 9 days after filing (I did file on the 30th).  The state took only four days.