US Spent A Record $140 Billion On Debt Interest In June, 30% Of All Tax Revenues
By Tyler Durden On the surface, and following 4 months of triple-digit deficits (in the billions), the June budget deficit of “only” $66 billion was a pleasant surprise (especially when the market expected an $83 billion deficit, and compares favorably to the $228 billion deficit a year ago). Indeed, the deficit was small enough it […]
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