Economy

Treasury takes in $53 billion in December

By Joseph Lawler
Published January 14, 2014 5:00am ET
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Treasury takes in $53 billion in December
The U.S. Treasury posted a surplus in December, thanks partly to payments from Fannie Mae and Freddie Mac. (AP Photo/Manuel Balce Ceneta) | Manuel Balce Ceneta

The U.S. Treasury posted a surplus in December, thanks partly to payments from Fannie Mae and Freddie Mac.

The Bureau of the Fiscal Service reported Monday that the U.S. government took in $53.2 billion in December, following a $1.2 billion deficit in December 2012.

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Budgets and Deficits Debt Ceiling Fannie Mae and Freddie Mac Joseph Lawler PennAve Treasury Department