U.S. Posts record surplus in December (user search)
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  U.S. Posts record surplus in December (search mode)
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Author Topic: U.S. Posts record surplus in December  (Read 635 times)
DINGO Joe
dingojoe
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« on: January 14, 2014, 02:25:08 PM »
A surplus of 53 Billion vs a deficit of 1.19 Billion last December. Payments from Fannie and Freddie of $34 billion were part of the story.  For the first three months of the fiscal year the deficit was 173.6B vs 293.3B last fiscal year.

http://www.bloomberg.com/news/2014-01-13/u-s-posts-record-december-budget-surplus-on-fannie-mae-payments.html

That's a 40% decline.  Wonder what % of the public knows that.  Maybe five percent?
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DINGO Joe
dingojoe
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« Reply #1 on: January 14, 2014, 06:30:51 PM »
Quote from: Zioneer on January 14, 2014, 06:03:28 PM
Good news, but I doubt it'll be covered by most news networks.

probably because the deficit isn't an issue.
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