The Daily Cash Deficit for 8/6/2013 was $3.0B pushing the August 2013 deficit through 6 days to $57B. Nothing out of the ordinary…typically low cash revenues…like we usually see on Tuesdays and Thursdays with moderate outlays.
Compared to last year…the deficit is a bit lower and I expect it to stay that way. Aug 2012 went on to post a $211B deficit…I am only projecting $155B for this month on higher revenues, lower outlays, and timing.
