Scott Bessent said we will get $500 billion in new annual tariffs and they're only at a run rate of $269 billion in additional funds? I wrote earlier about widespread fraud in customs and that's soon going to be a big story because these customs numbers are going to keep falling.
As for September overall, it was a record monthly surplus but that usually has to do with the timing of outlays and receipts. On a year-to-date basis, the US deficit is at $1.775 trillion compared to $1.817 trillion a year earlier.
