4/26/2013 Daily US Cash Deficit

The US Daily Cash Surplus for 4/26/2013 was $4.6B. Revenues continue to outpace April 2012 by a healthy 23% pace, but are following a similar downward slope the further we get from 4/15. The 4/2013 surplus through 26 days stands at $102B with 2 business days remaining. This is likely to continue growing with strong Monday revenues today, $110B seems possible, but end of month is often tricky to forecast…sometimes we see large outlays flow through…I am expecting $8B or so of interest payments 4/30…and I never know when Medicare payments are going out…so a spike there could offset an otherwise strong finish.

2013-04-26 USDD