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US December federal fiscal deficit $85.0B vs $70B expected

US December federal fiscal deficit $85.0B vs $70B expected

At $421 billion vs $378 billion last year, fiscal year to date expenditures have risen to a record high. In December, the federal government racked up a deficit of $21 billion. These numbers do not appear to be favourable, but the market does not seem concerned about the fiscal situation.

Andrew Johnson is a seasoned journalist with a keen interest in the commodity market. He is a regular contributor to Livemarkets.com, where he covers the latest news, trends, and analysis related to the commodity industry. With years of experience under his belt, Andrew has established himself as a reliable source of information on the global commodity market.