Analysis of the Deficit, Fiscal Cliff, and US Debt
Daily US Deficit For 12/07/2012
The Daily Deficit for 12/7 was $3.9B bringing the deficit through 7 days to $29.5B….still trailing 2011 and 2010 by over $30B (That’s a good thing!!). Unfortunately, at this point it seems to primarily be a timing issue related to December cost getting pulled into November rather than any real improvement. Revenue shows marginal improvement, but nothing to get excited about yet.