US Daily Cash Deficit 10/14/2014

The US Daily Cash Surplus for Tuesday 10/14/2014 was 6.4B bringing the October 2014 deficit to $62B through 14 days.

2014-10-14 USDD

YOY revenue continues to deteriorate, but a lot of that is related to timing….Last month 10/15 was on a Tuesday….there are generally a lot of things going on on the 15th of a month from debt issuance and payment, military active duty pay, and tax deposits to name a few. We should more or less catch up tomorrow and have a better idea of where we really stand at the halfway point.