Wednesday, January 17, 2018

Deficit Watch: January 16th

Oh boy I can't wait to see how big the deficit is this month so far with all the tax cuts...

Lets see here in the Cash Basis DTS thru January 16th:

Total Withdrawals 636B - 440B Treasury Redemptions = 196B net withdrawals


Total Withdrawals 666B - 463B Treasury Issues = 203B net deposits

196B - 203B  equals..... wait for it .... -7B   ..... ie a SURPLUS!?!?!?

Say it aint so!!!!

Man-o-man.... How is the deficit going to ever get to $1.5T this year as EVERYBODY has been saying?

Hmmmmm...  withdrawals better get going and pronto...

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