- Marble Hill fires entire sewer department (8/23/16)5
- Ex-Southeast student gets probation for placing homemade sex video on porn site without woman's knowledge (8/24/16)13
- Bootheel lawmaker seeks probe into crop damage by illegal herbicide spraying (8/24/16)1
- The Chrome Queens (8/21/16)2
- Local private school dreams bigger, plans for new building at Sprigg and Lexington (8/22/16)
- Newsmakers 2016: Jason Bandermann (8/15/16)
- New CEO named at Wood & Huston Bank (8/21/16)
- Victims of alleged Ponzi scheme seek compensation from killer's victims (8/21/16)3
- Cape Central football team falls to state-ranked Liberty in Pixley's debut (8/20/16)
- 'Santa' suspect Moffat sentenced to 12 years for sexual abuse of girl (8/23/16)2
Government records budget surplus in January
WASHINGTON -- The federal government ran a $21 billion budget surplus last month, the best January showing in four years, as both spending and tax receipts set records for the month.
The Treasury Department said the government spent $209 billion last month, a record amount for January and up 7.9 percent from January 2005. Government tax receipts, however, also set a record for the month of $230 billion, up 13.7 percent from January 2005.
The faster growth in receipts than in spending pushed the surplus for the month to $21 billion, more than double the $8.6 billion surplus the government recorded in January 2005. It was the biggest January surplus since $43.7 billion in 2002.