Scott Anderson's  Instablog

Scott Anderson
Send Message
I am a bored corporate accountant who has been following the debt/deficit issue personally for nearly a decade. in 2012 I launched to live blog the US Cash Deficit and in 2015 to freely distribute public climate data. More recently, I have decided to use my... More
My blog:
US Daily Deficit
  • Daily US Deficit For 12/11/2012 0 comments
    Dec 12, 2012 4:45 PM

    The daily Deficit for 12/11 was $5.2B on $4.7B in revenues and $9.9B in outlays.

    (click to enlarge)

    Through 11 days, we really aren't seeing much change over the last update. The apparent improvement over 2011/2010 is primarily due to 12/2012 payments getting pushed to 11/30 because of the weekend. There is potential for some true revenue improvement if the trend holds, but that won't really solidify until the middle of next week when we get a glimpse at corporate tax receipts. With Social security ETF's going out today, we will probably see a $10B deficit in tomorrow's report.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Back To Scott Anderson's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.