The US Daily Cash Surplus for Tuesday 6/17/2014 was $8.1B pushing the June surplus through 17 days to $64B.
It was another good day for revenues, which gain another ~$2B as another $1.1B of corporate taxes came in with withheld taxes gaining as well. Curiously, taxes not withheld was down from $12.3B a year ago (6/18/2013) to $11.8B, but this could just be timing. Recall that my initial forecast was for an $85B surplus….for now, I don’t see any reason to change that.
