Accountant
Contributor's Links: US Daily Deficit
I am a bored corporate accountant who has been following the debt/deficit issue personally for nearly a decade. A few years back, looking for a better understanding of the US deficit, I stumbled across the Daily Treasury Statement, which is essentially a daily cash flow statement for the US ...more

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April 2020 Deficit: Record $714 Billion
This is not a surprise given the surging outlays and collapsing revenue due to the COVID 19 pandemic… $714B is the deficit for April 2020.
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US 2020 Deficit Tops $1T Just 23 Days Into Q2
Just a few months ago 2020 was looking like it would be a $1.1T deficit year, revenues were up a curious amount, but so were costs.
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US Daily Deficit - April 2020
Net Revenues barely positive due to refunds and Tax day moving back to July… Last April total revenues were $551B… looks like we may fall short!!
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Corona Deficit
What I have known for a while is that as long as we could add debt at near zero rates….this game could go on for a while and of course, it has.
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US 2018 Cash Deficit: $958B
Looking at the full year, revenues were essentially flat, up just $19B, or about 0.5%.
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US Cash Deficit November 2018: $223B
Revenues were essentially flat…which maybe we chalk up as a win given the tax cut YOY comps….not much to see there.
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