Category Archives: Methodology

Calculating The Deficit: 4 Methods

For one untrained in the art of Deception Accounting, it would be easy to conclde that the deficit is a pretty straightforward concept…Revenue – Outlays = Surplus/(Deficit)…right? I thought so too for a while….taking the government’s reported Deficit # from the Monthly … Continue reading

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Monthly Treasury Statement Vs. Daily Treasury Statement

I don’t think this will be a news flash for anyone, but as detailed here the Daily Treasury Statement (DTS) released daily by Treasury is the primary source of data used for all of the US Daily Cash Deficit posts. … Continue reading

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“Data Shift to Lift US Economy by 3%”

I thought this was funny. Apparently, the Bureau of Economic Analysis (BEA) is changing the accounting methodology for GDP to add a few new categories that will have the effect of increasing GDP by a few %. Here is the money … Continue reading

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Calculating the Daily Deficit

When we talk deficit here at the Daily Deficit….we are talking about cash. Simply…cash in less cash out. If I take in $5B in taxes, and spend $10B…my daily deficit was $5B. We make two notable adjustments to the DTS … Continue reading

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METHODOLOGY

First, some background. I’ve been tracking the US federal debt for about a decade now. I started off using the Treasury’s “debt to the penny” site, checking in every month just to see what the monthly change was. Although I knew … Continue reading

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