Summary:
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 withdrawalsSubtractTotal Withdrawals 666B - 463B Treasury Issues = 203B net deposits196B - 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 .5T this year as EVERYBODY has been saying?Hmmmmm... withdrawals better get going and pronto...
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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 withdrawalsSubtractTotal Withdrawals 666B - 463B Treasury Issues = 203B net deposits196B - 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 .5T this year as EVERYBODY has been saying?Hmmmmm... withdrawals better get going and pronto...
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Mike Norman considers the following as important:
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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
Subtract
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...