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 1/7/2013 0 comments
    Jan 8, 2013 6:20 PM

    Not sure if everyone here at SA is aware of my blog is a taste of what we do over there for anyone interested.The US Daily Surplus for 1/7/2013 was $1.9B bringing the monthly total through 3 days to $26B. It's only been four business days, so I wouldn't get too excited yet, but revenues are up $8B and outlays are down $3B for an $11B improvement. The "Debt Limit Cushion" (Cash+ Borrowing Ability) is currently at $64.3B, which using last year as a guide, should get us into the first week of February. I saw a recent announcement from Treasury saying 2/15, so we are pretty much in line, though getting only an additional week out of "extraordinary measures" isn't all that impressive. I still have not heard anything further on tax refunds being delayed…not sure if that means we are in the clear, but I'll be filing ASAP just in case.

    2013-01-07 USDD

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.