The Us Daily Cash deficit for 4/2/2013 was $4.0B, bringing the monthly total through 2 days to $36B.
The Charts aren’t all that meaningful through 2 days, but we can see that 4/2013 has a $37B hole to catch up to 2012. You may also be wondering why the 2010 and 2011 deficits were so large compared to 2012/2013. The answer is timing. Both 2013 and 2012 have a Monday through 2 days, and Monday revenues are generally very strong, especially early in the month…. Tomorrow brings the first round of social security payments…so a ~$25B hit….but payday for some..
