Analysis of the Deficit, Fiscal Cliff, and US Debt
Daily US Deficit For 1/22/2013
The US Daily Surplus for 1/22/2013 was $10B, pulling down the January Deficit through 22 days to $30B. The year on year numbers are still pretty close to 2012, keeping in mind that 2013 is currently 2 business days ahead of 2012. The remainer of the month should be pretty straight forward…I can’t remember what I predicted last time, but $25B looks like a reasonable estimate assuming marginal cost and revenue improvement over 2012 coupled with a slight delay in tax refunds.