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Scott Anderson
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I am a bored corporate accountant who has been following the debt/deficit issue personally for nearly a decade. A few years back, looking for a better understanding of the US deficit, I stumbled across the Daily Treasury Statement, which is essentially a daily cash flow statement for the US... More
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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.

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