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Federal government runs December surplus of $53.2B

By Martin Crutsinger
Published January 13, 2014 8:28pm ET
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Federal government runs December surplus of $53.2B
FILE - In this Wednesday, Dec. 18, 2013, file photo, the U.S. Capitol is shown in Washington. The U.S. government ran a $53.2 billion surplus in December, signaling further improvement in the nation's finances. (AP Photo/J. Scott Applewhite) | J. Scott Applewhite

WASHINGTON (AP) — The U.S. government ran a $53.2 billion surplus in December, signaling further improvement in the nation’s finances.

The surplus was the largest since September and a record for the month of December, according to the Treasury Department report released Monday. It was boosted by nearly $40 billion in payments from mortgage giants Fannie Mae and Freddie Mac.

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