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US Deficit Balloons to $291B in July—Tariff Windfall Can’t Stop the Bleeding
US Deficit Balloons to $291B in July—Tariff Windfall Can’t Stop the Bleeding
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Washington's red ink hits new highs—again.
Despite a tariff revenue surge that should've staunched the flow, July's deficit exploded to $291 billion. Another masterclass in fiscal discipline from the world's largest economy.
Where's it going? Everywhere but where it should.
The usual suspects: entitlement programs, defense spending, and that bottomless pit called 'government operations.' Meanwhile, crypto markets quietly hedge against fiat incompetence—just saying.
Wake us up when someone actually balances a checkbook in DC.
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