The US Daily Cash Deficit for 4/4/2013 was $5.2B bringing the monthly total through 4 days to $65B. Revenues are flat and outlays are up…primarily due to timing issues discussed in prior posts. Enjoy the weekend!!
Social Security payments would continue to grow every year, but by 2030, the median payment would be 3% less than it would be if today’s inflation measure were used.
It’s dull. It’s controversial. And it might work.
The US Daily Cash Deficit for 3/28/2013 was $6.2B bringing the monthly total through 28 days to $106B.