Federal government runs December surplus of $53.2B

Published



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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