Children slide along on an ice-covered walkway near the Washington Monument on Jan. 4, 2013. High temperatures Monday will occur during the early morning hours as a cold front brings yet another shot of super cold air to the mid-Atlantic region. Temperatures on Tuesday morning will dip into the single digits. (Photo credit: KAREN BLEIER/AFP/Getty Images)

D.C. Government Ends Fiscal Year With $200M Budget Surplus

District of Columbia officials say the city ended the last fiscal year with a surplus of more than $200 million.


(Photo credit: KAREN BLEIER/AFP/Getty Images)

DC Ends Year With 3rd Straight Budget Surplus

District of Columbia officials say the city ended last fiscal year with a $321 million surplus, continuing a run of fiscal health since the end of the recession that has outpaced most states and municipalities.


(Photo credit: KAREN BLEIER/AFP/Getty Images)

Virginia Ends Year With Nearly $600M Surplus

Virginia government ended its last fiscal year with a surplus of nearly $600 million, the largest in eight years.


(Credit: Win McNamee/Getty Images)

McDonnell: Virginia’s Cash Reserve to Approach $1 Billion

Gov. Bob McDonnell says the state will be able to beef up its “rainy day” cash reserve fund to almost $1 billion from the past fiscal year’s surplus.


(Photo Credit: TIM SLOAN/AFP/Getty Images)

Barry Says D.C. Should Spend Some of Surplus

D.C. Councilmember Marion Barry says he’s going to try to force the city to spend up to $100 million of its $417 million budget surplus on services for disadvantaged residents.


Social Security supporters attend a rally in the Dirksen Senate Office Building (Photo by Chip Somodevilla/Getty Images)

Social Security Surplus Dwarfed By Future Deficit

As millions of baby boomers flood Social Security with applications for benefits, the program’s $2.7 trillion surplus is starting to look small.