The US Daily Cash Deficit for Wednesday 6/11/2014 was $4.5B, following Tuesday’s $5.0B deficit, and bringing the June 2014 deficit to $28B through 11 days…though we should see this turn to surplus by early next week.
There are no major changes over the last two days, but Wednesday’s Taxes not withheld was at $3.3B compared to $2.6B last year…a nice little bump….I don’t know if that’s a good sign for the $30B or so we should see next week, but we’ll take it. Other than that, revenues for now are still pretty much stagnant and sitting at +2%.
