The US Daily Cash Deficit for Thursday 11/21/2013 was $4.6B bringing the November Deficit through 21 days to $98B with 5 business days remaining. Since the corresponding Thursday in 2012 (11/22/2012) was Thanksgiving….there was no activity…so 2013 shows gains in revenues and outlays throwing the timing off a bit, but it will catch back up next week by month end.
Nothing else to really note other than that November 2013 continues to look like it will overperform my initial expectations of a $160B deficit with 5 business days to go…though 11/29 will be a wild one, so how it all ends is still up in the air. Right now, I’d say $135B-$155B looks most likely, but stay tuned.
