Scott Anderson | TalkMarkets | Page 1
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.
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.
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!!
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.
US 2018 Cash Deficit: $958B
Looking at the full year, revenues were essentially flat, up just $19B, or about 0.5%.
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.
US Cash Deficit October 2018: $100B
Cash Deficit was $100B….$40B over last year, though a good chunk of that is just timing issues getting flushed out.
January 2018 US Cash Surplus $24B
The good news is we start the year with a surplus, but that was more or less expected… January is, in general, a strong revenue month as un-withheld tax deposits start flowing in… $75B in January vs. $13B in December.
December 2017 US Cash Deficit $10B, 2017 Cash Deficit $710B
Nothing really interesting about December’s $10B deficit, but we now have a total for 2017 which rang up at $710B, $13B higher than 2016’s $697B deficit.
November US Cash Deficit $161B
The US Cash Deficit for November came in at $161B compared to $157B last year pushing the 2017 cash deficit through 11 months to $700B, $17B over last year’s $683B.
October US Cash Deficit $60B
We now have the finals for October which clocked a $60B cash deficit.
September 2017 US Cash Deficit $14B
Revenue flat and outlays up a bit, pushing the September Cash deficit from $5B last year to $14B.
Temporary Debt Limit Deal Reached (9-2017)
Can we really even call it a debt limit if Treasury can then circumvent it using laws/rules passed by congress for six full months, and $317B?
August 2017 Cash Deficit: $158B
The estimated US Cash Deficit for August 2017 came in at $158B, $7B higher than last August as revenue faltered and outlays were up a smidge.
July 2017 Cash Deficit: $33B
Not a bad looking month. Some of the revenue beat was timing, but the YTD is now at +4%. All of the outlay beat was timing, and the YTD outlays are up 2.5%.
June 2017 Cash Deficit: $23B
The US Cash Deficit for June 2017 came in at $23B compared to last June's $19B surplus primarily due to timing. With July 1 on a Saturday, about $40B of cost that was due in early July was paid 6/30.
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