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 USDailyDeficit.com to live blog the US Cash Deficit and in 2015 My-Climate-Data.com to freely distribute public climate data. More recently, I have decided to use my... More
My blog:
US Daily Deficit
  • Daily US Deficit For 12/27/2012 0 comments
    Dec 29, 2012 2:50 PM

    The US Daily Deficit for 12/27/2012 was $3.6B, pulling the surplus down to $18B with 2 business days remaining in December. It is still pretty close to 50/50, but leaning a little closer to ending up in the red again for the fifth straight December despite some favorable timing of outlays.I know I promised a 2012 deficit preview last week, but have decided instead to just wait until we have the finals. 12/31 DTS will be out 1/2/2013 at 4....it will probably take a day or two to assemble from there, but if you can't wait, I'm guessing that the 2012 cash deficit will be around $1.12T compared to last year's $1.26T. The $140B improvement will be primarily due to a revenue improvement and flat outlays.

    12-27-2012 USDD

    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.