The Monthly Treasury Statement for January was published last Friday (Feb 10). As usual, I updated two charts: the deficit trend chart, and the interest burden trend chart.
If there’s some kind of financial disaster approaching, it certainly is not manifesting itself in the results yet. However, I can’t prove the negative (i.e., that a disaster won’t happen), so I’ll keep updating these charts monthly and looking for the evidence.
The deficit is still shrinking. Here are the numbers:
Tax receipts are still growing faster than outlays. Here’s the chart; click to enlarge:
The interest burden (net interest as a percent of tax receipts) is still low compared to recent history. Here’s the chart; click to enlarge:
