US Daily Cash Deficit 6/4/2014

The US Daily Cash Surplus for Wednesday 6/4/2014 was $5.5B dropping the deficit through 4 days to $17B.

2014-06-04 USDDWednesday 6/4/2014 essentially looks like a carbon copy of Wednesday 6/5/2013…so no real change worth talking about. Through 3 business days, revenues are up 4.7% and outlays are up 7.1%, good for a $2B YOY increase in the deficit. I don’t really expect these % to hold up…there’s a lot of month left, and the outcome will largely be determined by the large corporate and taxes not withheld cash flows expected in the second half of the month.