still waiting--deficit edition

transporter

Well-Known Member
Still waiting for the tax cuts and tariffs to result in lower deficits:

WASHINGTON (Reuters) - The U.S. government had a $77 billion budget deficit in July, according to Treasury Department data released on Friday.

That compared to a budget deficit of $43 billion in the same month last year, the department’s monthly budget statement showed.

The 79 percent rise was in line with analysts’ expectations

...

Unadjusted receipts last month totaled $225 billion, down 3 percent from July last year...

https://www.reuters.com/article/us-...osts-77-billion-deficit-in-july-idUSKBN1KV251

Here is the report from the Treasury: https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0718.pdf
 
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