With the government closed today for the holiday, we’ll have to wait until tomorrow to get the DTS from last Friday.
And now for the moment you have all been waiting for. The Daily Deficit for yesterday, 11/8/2012 was $5.7B on revenue of $3.4B and spending of $9.2B.
Through 8 days of November, the monthly deficit is $64B vs $67B in 2011. Cost is essentially flat with Revenue up $3B. All in all, looking like we are pretty much on track for a November deficit on par with last year’s $142B deficit. However, since 12/1 is on a weekend, it is likely that a chunk of December spending will get pulled into November.
I’ll throw a dart here and say we end November at $160B. Just to get everyone caught up, through The first 10 months of 2012, the deficit has been $929B vs $1,062B over the same period in 2012… a $133B improvement on increased revenue and flat cost.