The US Daily Cash Deficit for Wednesday 6/18/2014 was $0.6B, leaving the June 2014 Surplus at $64B through 18 days.
Revenues continue to be solid…up another $2B while outlays were up $1.5B. Revenues are currently at +6%, so with the extra business day, we are certainly within striking distance of +10% if we exclude last year’s Fannie Mae payments. This is a good turn of events…especially if it rolls into July.
