6/1/2013 Daily US Cash Deficit

The US Daily Cash deficit for 6/1/2013 was $14B as strong revenues (due to it being a Monday and beginning of the month) of $27B were offset by $41B of outlays…including $24B for the first round of Social Security payments. No charts today…doesn’t really make sense this early.  I’ll just say that revenue does appear to be off to a strong start, but we really need at least a full 5 day week to really start comparing.