U.S. July Deficit Climbs To $291B Despite $21B Boost From Trump Tariffs
MSNBenzinga - Video
U.S. July Deficit Climbs To $291B Despite $21B Boost From Trump Tariffs
The U.S. budget deficit rose nearly 20% in July to $291 billion as spending outpaced receipts despite a $21 billion boost from Trump’s tariffs, according to Reuters. The July deficit rose 19% by $47 billion from a year earlier. Receipts are up 2% to $338 billion and spending up 10% to a record $630 billion. Adjusting for fewer business days ...
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