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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
  • 2/27/2013 Daily US Cash Deficit 0 comments
    Mar 1, 2013 10:24 AM
    The US Daily Cash Deficit for 2/27/2013 was $23.6B bringing the February deficit to $220B with one day to go. Primary drivers for the rather large daily deficit was the last Social Security EFT of the month at $11.7B and $14.2B of refunds. 2/2012, with one additional business day ended up at $249B, and it seems unlikely that mark will be broken in 2013 thanks to an increase in tax revenues, mostly flat outlays, and a slowdown in tax refunds.

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