XPost: talk.politics.guns, sac.politics   
   From: j_d@invalid.org   
      
   WASHINGTON, Feb. 11 (Reuters)—The U.S. government posted a $95 billion   
   budget deficit in January, down $34 billion, or 26%, from a year earlier   
   as revenue gains, including customs duties, outpaced growth in outlays,   
   the Treasury Department said on Wednesday.   
      
   Adjusting for routine calendar shifts in benefit payments due to holidays,   
   weekends, and other factors in both years, the Treasury said the January   
   deficit would have been $30 billion, a decline of $52 billion, or 63%,   
   from January 2025.   
      
   January receipts totaled $560 billion, up $47 billion, or 9%, from a year   
   earlier, while outlays totaled $655 billion, up $13 billion, or 2%.   
      
   Through the first four months of the 2026 fiscal year that started Oct. 1,   
   the deficit fell to $697 billion, down $143 billion, or 17%, from the same   
   period of fiscal year 2025. Year-to-date receipts totaled $1.785 trillion,   
   up $188 billion, or 12%, from the prior year period, while outlays reached   
   $2.482 trillion, up $46 billion, or 2%.   
      
   January receipts and outlays were records for the month, but the deficit   
   was not a record, a Treasury official told reporters. Year-to-date   
   receipts and outlays were also both records for the first four months of a   
   fiscal year, but the deficit was not a record.   
      
   Helping to drive both January and year-to-date results were sharply higher   
   net customs receipts due to President Donald Trump’s tariffs. These   
   totaled $27.7 billion in January, about the same level as December and   
   slightly below the $30 billion monthly pace late last year. Customs duties   
   in January 2025, the month that Trump took office and well before his   
   tariff announcements, totaled $7.3 billion.   
      
   Fiscal year-to-date net customs duties were $117.7 billion, up from $28.2   
   billion a year earlier.   
      
   Also, cutting the deficit was a rare $12 billion decline in Treasury   
   interest outlays on the public debt to $72 billion for January. The   
   Treasury official said this stemmed from downward adjustments to payments   
   on inflation-linked securities that were delayed by last year’s government   
   shutdown and publication of consumer price index data.   
      
   Year-to-date Treasury debt interest totaled $426 billion, a record for the   
   period, up $34 billion, or 9%.   
      
   https://amac.us/newsline/politics/us-january-budget-deficit-falls-to-95-   
   billion-as-revenue-gains-outpace-spending-growth/   
      
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