US Daily Cash Deficit 9/25/2014

The US Daily Cash Deficit for Thursday 9/25/2014 was $8.9B following Wednesday’s $11.4B deficit bringing the September 2014 surplus to $47B with three business days left in the month.

2014-09-25 USDD

After dropping off for a few days, Medicaid is back on the map with $3.8B of payments for the day vs ~$1B normal burn rate. That puts them 18% over last September with 3 business days left to pad their stats. Revenues overall are still sitting at 10% with the only material event left on the calender being GSE dividends. It’s looking to be a pretty good month….with revenue gains more than compensating for Medicaid….now if we could just string another 60 or so¬†of these together…