4/1/2013 Daily US Cash Deficit

The US Daily Cash Deficit for 4/1/2013 was $32.1B on $24B of revenues and $56B of outlays, including $17B for medicare and about $15B of other costs that hit in March in 2012, but April in 2013. So the timing issue that helped in March has April startingĀ in a $30B hole, but it does seem likely that 4/2013 will have strong enough tax receipts to overcome this and exceed last year’s $59B surplus by a bit, but all eyes on revenues…we should have an idea by around 4/20. No charts today…4/1/2012 was a weekend anyway, so it wouldn’t really make any sense.