The latest US government figures
- Estimates of the surplus ranged from $12B to $25B
- December was -$13.5B
- January 2018 was +$49.24B
- Fiscal year-to-date deficit of $310B vs $176B a year ago
- Outlays $331B vs $312B a year ago
- Receipts $340B vs $361B a year ago
January is typically a surplus month for the US government as outlays and repayments are low. The deficit is not in a good place for this point in the cycle, but that isn't news to anyone.