US Daily Cash Deficit 12/9/2013

The US Daily Cash Surplus for Monday 12/9/2013 was $7.0B pulling the December 2013 cash deficit through 9 days down to $28B.

12-09-2013 USDD

Revenues advanced about $4B today pulling even with 2012 thanks to a $2.5B cash infusion from “Justice Department Programs”. Hmmm… I wonder if this related to any of the billion dollar fines I keep reading about…maybe one of the banks actually paid up?? Just a guess…

With about a quarter of the month gone…2013 and 2012 are all tied up… both revenues and outlays are flat. We’ll likely see about $10-15B of deficits between Tuesday and Thursday before heavy tax revenues start flowing in Friday…pushing the deficit to surplus by next Monday.