Politics

 

As Deficit Plummets, Feds Actually Saw Surplus in Dec.

As Deficit Plummets, Feds Actually Saw Surplus in Dec.

(NEWSER– Don't look now, but after years of congressional dogfights, the federal budget deficit is in pretty good shape. The deficit plummeted by more than a third in October, November, and December—the first three months of fiscal 2014—the Congressional Budget Office announced yesterday, Reuters reports. In fact, December actually saw the government run a $44 billion surplus, and while that was a one-time thing that, according to the LA Times"resulted from some special circumstances," it's still a good sign.

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