Analysis of the Deficit, Fiscal Cliff, and US Debt
4/11/2013 Daily US Cash Deficit
The US Daily Cash Deficit for 4/11/2013 was $0.4B bringing the April 2013 total deficit through 10 days to $73B. This is likely the peak, as strong “tax month” revenues should continue to roll in, pushing the current $73B deficit close to the $59B surplus we saw last year. 2013 still has a $22B hole to climb out of to match or exceed 4/2012, but a combination of slightly lower outlays, strong revenues (+10% or so) and an extra business day could easily bridge that gap….or not.