The United States government has posted a budget surplus for January 2022, the first time in over two years, displaying a considerable change over the deficit registered during the same month last year as government revenue collection improved post-pandemic.
For January 2022, the United States posted a $118.70 billion surplus, up from a deficit of $162.83 billion posted in January 2021, a report from the Treasury Department showed. During the early months of the pandemic when unemployment levels began to hit high levels and the economic outlook was vulnerable, the government implemented several relief programs.
