The US Daily Cash Deficit for Tuesday 8/5/2014 was $4.6B following Monday 8/4/2014’s $8.0B surplus, bringing the August deficit through 5 days to $59B.
Revenues have made some nice gains in the last 2 days…closing the gap to $-2B. Outlays have also made some gains….nearly catching up to 2013 despite being down a business day.
I normally like to make this it’s own post….but I’m running out of time. I mentioned a $160B deficit a few days ago and I’m going to stick with that.