Jamie Dupree

@@jamiedupree

1d

The monthly deficit in August was $345 billion. Revenues: $344 billion Spending: $689 billion Total deficit for 2025 = $1.973 trillion with one month to go in the fiscal year. That's $76 billion higher than the same point in 2024 ($1.897 trillion).

The Kobeissi Letter

@@KobeissiLetter

14h

BREAKING: The US Treasury posted a $345 billion budget deficit in August, the largest monthly deficit of 2025 and the 2nd-worst August on record. This is up from July’s $291 billion deficit and has only been surpassed by last year’s $380 billion deficit. Government spending

Peter St Onge, Ph.D.

@@profstonge

1d

$345 billion deficit last month. In the George W Bush administration that was an entire *year* of deficit. In the Carter administration it was the entire federal budget.

Wall Street Mav

@@WallStreetMav

1d

Just over half of all government spending in August was financed with borrowed money - not good! $689 billion spent $344 billion revenue $345 billion borrowed We have a spending problem.