Treasury Runs Largest August Deficit Ever as Interest Costs Soar
by Peter Schiff, Schiff Gold: The Federal Government ran a $220B deficit in August which is the largest monthly deficit since last July. Looking historically at the month of August shows this month as the largest ever (red bar). Despite all-time record revenues for August, spending jumped from $439B last August to $523B this August, […]
Source: https://www.sgtreport.com/2022/09/treasury-runs-largest-august-deficit-ever-as-interest-costs-soar/
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