US Daily Cash Deficit 11/7/2014

The US Daily Cash Deficit for Friday 11/7/2014 was $3.6B bringing the November 2014 deficit through one week to $19B.

2014-11-07 USDD

For the day revenues were up a bit, as were outlays, so no real YOY movement. Revenues are at -$3B and Outlays at -$37B due to reasons discussed in previous posts. there’s not a lot of excitement on the schedule for the rest of the month…it should just be a slow build up to a ~$75B or so deficit. As always…revenues will be of interest…specifically the YOY % gain, as will Medicaid/Medicare/SS growth.