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Congressional Budget Office Director Douglas Elmendorf is reflected on a table as he speaks about the annual Budget and Economic Outlook. (AP Photo/Jacquelyn Martin, File)

WASHINGTON (AP) — The federal government reported a rare surplus for January and is on track to run the lowest annual deficit since President Barack Obama took office.

The Treasury Department said Tuesday that the government took in a surplus of $2.9 billion in January, helped by nearly $9 billion more in Social Security taxes. Last month Congress and the White House allowed a temporary cut in Social Security taxes to expire.

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