US federal budget deficit $-291.0 billion versus $215.0 billion expected ...Middle East

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US federal budget deficit $-291.0 billion versus $215.0 billion expected
Prior month $27 billionUS budget deficit $-291 versus $215 billion expected. Outlays totaled $630 billion versus $574 billion in July.Receipts totaled $338 billion versus $330 billion in JulyFiscal 2025 year to date deficit $1.629 trillion versus comparable fiscal 2024 deficit of $1.517 trillionJuly outlays were a record high for the month of JulyYear to date receipts and outlays record high for that.

Not sure we will hear much from the Trump administration in regard to the budget deficit despite the tariff revenues.

This article was written by Greg Michalowski at investinglive.com.

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