- Prior month $27 billion
- US budget deficit $-291 versus $215 billion expected.
- Outlays totaled $630 billion versus $574 billion in July.
- Receipts totaled $338 billion versus $330 billion in July
- Fiscal 2025 year to date deficit $1.629 trillion versus comparable fiscal 2024 deficit of $1.517 trillion
- July outlays were a record high for the month of July
- Year 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.
Crickets...
