July Budget Deficit the Third Biggest of 2021
After a briefly shrinking for two in May and June thanks to IRS tax collections, the U.S. government budget deficit ballooned again in July, hitting the third-highest number of fiscal 2021. The July budget shortfall totaled $302.05 billion last month. The only months...
Some Things Never Change
This month we have a variation on a theme – the U.S. government spends more money than it has and runs up another massive budget deficit. Some things never change. In June, the US government ran another big deficit of $174.16 billion, continuing the trend of...This should be pretty obvious by now. The federal government's spending problem is definitely not temporary. @mmaharrey10th#economy #inflation #nationaldebt #truth #politics #liberty pic.twitter.com/BzwNxod9hx
— TenthAmendmentCenter (@TenthAmendment) July 17, 2021
The US Spending Problem Is Not Transitory
There is an ongoing debate about whether high inflation is “transitory” or rising prices are going to be more long-term and persistent. One thing for sure, the US government spending problem isn’t transitory. And that has pretty significant...Politicians tell us we can keep borrowing and spending and the #nationaldebt will just go away. They're ignorant. Or lying. Or both. @mmaharrey10th pic.twitter.com/PVPfLoNzMk
— TenthAmendmentCenter (@TenthAmendment) June 27, 2021