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 1/18/2013 0 comments
    Jan 22, 2013 5:45 PM

    Hey guys...it's been a few weeks since I've submitted anything to SA, so I thought I'd repost todays "Daily Deficit" from my blog over at USDailyDeficit.com . I will definitely submit a January update in a few weeks.The US Daily Deficit for 1/18/2013 was $0.3B. Usually, I do the month to date through the current, but since we know that 1/19-1/21 were zero, I'm just going to say the January deficit through 21 days was $40B vs $43B in 2012...so virtually the same. Revenue is flat, outlays are flat..deficit is flat. There are 8 business days left...still plenty of time for 2013 to make a run, but through 3 weeks, there is no evidence of increased revenues due to the expiration of the payroll tax cut and the tak hike on high earners. I would expect some delay...especially on the income tax hike...but honestly, those hikes were so tiny, perhaps $15B per month...they could easily get lost in the noise, especially in what promises to be a chaotic 1Q.

    2013-01-18 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.