The US Daily Cash Surplus for Monday 4/14/2014 was $18.6B pulling the April Deficit through 14 days to $51B. This deficit is unlikely to last much longer…if it isn’t wiped out tomorrow, Wednesday will…..that’s a good thing by the way 🙂
Now to the charts. Remember…no adjustments here. 4/14/2013 was a Sunday, so while we are even on business days, we do have some distortions. Outlays are still flat, but 2014 revenues have finally taken a clear lead. This of course was expected, but I won’t be too impressed until it sticks for at least a few more days.