Thursday, October 1, 2015

Net Fiscal Withdrawals for FY 2015 End


Month by month representation of the YoY comparison below:


YoY through the end of the FY here:


Up a bit YoY by over $100B.  This flow should at least sustain things here about where they are but there is no sight of any meaningful increase in view currently.

The only potential increase for the new FY may be the Fed moving towards (to them) a tightening stance via increased interest payments; or perhaps a new war in the middle east could get cranked up.

Transfer payments in Medicare and Social Security will be increased also as our population ages and more people sign up for these programs for seniors.

Indeed we'll be running under a flatline CR through pretty much the whole of the 1Q of the new FY  as these morons report here:



Plus we can't forget this still has to be resolved:





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