8/8/2013 Cash Deficit

The US Cash Deficit for 8/8/2013 was $6.2 bringing the August 2013 deficit through 8 days to $58B. Nothing out of the ordinary here…stay tuned for next week when we should¬†receive a few small revenue bumps on corporate and excise taxes, and large outlays with ~$30B of interest expense and the second round of social security. After almost no deficit this week, we will probably end next week¬†around to $100B for the month with 2 weeks remaining.

08-08-2013 USDD