Good news! The federal budget deficit in July was “only” $63 billion.
Of course, that’s not really good news. It’s a huge number and only looks good compared to last month. The fact is the Trump administration is still spending money at an unprecedented rate and it’s unsustainable.
For Further Reading
Smashing Records: June Monthly Budget Deficit Bigger Than All Years Except Five
Spending Your Future (And Your Children’s Too)
National Debt Pushes Above $26 Trillion
Big Spenders to the Right and the Left: Mind-Numbing Deficit Numbers Keep Growing
Michael Maharrey [send him email] is the Communications Director for the Tenth Amendment Center. He is from the original home of the Principles of '98 - Kentucky and currently resides in northern Florida. See his blog archive here and his article archive here.He is the author of the book, Our Last Hope: Rediscovering the Lost Path to Liberty., and Constitution Owner's Manual. You can visit his personal website at MichaelMaharrey.com and like him on Facebook HERE
Latest posts by Mike Maharrey (see all)
- Signed as Law: New Jersey Repeals Sales Taxes on Gold and Silver - September 12, 2024
- Veto Override: North Carolina Takes First Step Against a Potential CBDC - September 10, 2024
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