Tuesday, August 9, 2011

Minor good news on deficit

There is so much bad news floating around I want to point out good news where I see it. At one point the 2011 deficit was projected to be 1.65 trillion. Now, based on YTD figures extrapolated through the end of the year, I project it to be only 1.32 trillion. That would put the debt on 9/30/2011 at "only" 14.88 trillion.

Projections I have made previously put this as high as 15528 billion, so this number is 650 billion less.

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