Daily Cash Deficit 6/11/2014

The US Daily Cash Deficit for Wednesday 6/11/2014 was $4.5B, following Tuesday’s $5.0B deficit, and bringing the June 2014 deficit to $28B through 11 days…though we should see this turn to surplus by early next week.

2014-06-11 USDD

There are no major changes over the last two days, but Wednesday’s Taxes not withheld was at $3.3B compared to $2.6B last year…a nice little bump….I don’t know if that’s a good sign for the $30B or so we should see next week, but we’ll take it. Other than that, revenues for now are still pretty much stagnant and sitting at +2%.