Scott Anderson's  Instablog

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. 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
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US Daily Deficit
  • Fannie Mae Accounting Malarkey Used To Cut Uncle Sam's Deficit? 0 comments
    May 9, 2013 9:23 PM

    Sounds too good to be true right? A now profitable Fannie Mae digs some deferred tax assets out of the basement and voila!!....$60B payment to Uncle Sam right in the middle of this summer's debt ceiling fight.... I'm sure Ken Lay is rolling in his grave....

    Well... it is... check out my analysis over at the US Daily Deficit

    Enjoy!!

    -Scott

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