The US Daily Cash Deficit for Wednesday 11/19/2014 was 9.2B bringing the November 2014 deficit to $62B and the 2014 YTD deficit to $609B.
As expected revenues have pulled back to even as last year’s TARP revenue failed to come through this year….not a surprise.
Outlays continue to slowly gain on 2013, now at -$31B, though other than Medicaid at +20%, nothing is really sticking out. $75B is still looking like a fairly reasonable estimate for the full month, though we’ll have to wait for 12/1 to find out.
