US Daily Cash Deficit 10/23/2014

The US Daily Cash Deficit for Thursday 10/23/2014 was $3.8B bringing the October 2014 deficit through 23 days to $61B with 6 business days remaining.

2014-10-23 USDD

After a flat start, October is shaping up quite well with revenues at +$14B (+8%) and outlays down -$5B, though they will almost certainly end up higher thanks to an extra day and month end timing.

For the year, revenues are up 5%, and outlays ~1%, leaving the deficit $111B under where we were last year with a little over two months left in the year.