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Exact(26)
That surplus had several causes.
But its current-account surplus had become a political thorn in relations with America.
In October, an annual audit discovered the surplus had actually dissolved into a $186,000 deficit.
By the end of 2017, this pension surplus had turned into a pension deficit of almost $29 billion.
George Baker, a natural gas analyst at Merrill Lynch, said the surplus had helped hold natural gas prices down.
John McDonnell, the Labour shadow chancellor, said the surplus had come at the expense of public services and living standards.
Similar(34)
The budget surplus has gone.
Its trade surplus has fallen as well.
Its huge external surplus has almost halved.
The $5 trillion surplus has vanished.
The federal surplus has changed the political dynamics.
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