The US Treasury reported on Tuesday on 1st monthly surplus in Januar since September 2012.
The monthly budget surplus totaled +3 bln dollars in January, The surplus was driven by a 16% increase in revenues compared to January 2012, including from the expiration of a temporary payroll-tax cut at the end of 2012. For the first four months of fiscal 2013, the USA ran a deficit of 290 bln US dollars, 59 bln less than the same period in fiscal 2012. The government's fiscal year runs from October to September.