Thursday, August 14, 2025

US Deficit Grows $291 Billion in July

The U.S. government's budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President Donald Trump's tariffs, with outlays growing faster than receipts, the Treasury Department said on Tuesday.

Posted by reinheitsgebot at 12:30 PM | 9 COMMENTS | permalink

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Fun Fact: Donald Trump is responsible for 21.4% of the national debt.

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-- Jon Cooper (@joncooper-us.bsky.social) Aug 10, 2025 at 8:33 AM

Comments

The deficit for July was up 19%, or $47 billion, from July 2024.

It's reassuring to see the bankruptcy-prone orange pedo hasn't lost his touch.

#1 | Posted by reinheitsgebot at 2025-08-13 01:39 PM

Another aspect of the campaign that that glaringly deceitful.

Trump blew up the deficit the first time around and the idiot mouth breathers didn't think it would happen this time.

#2 | Posted by jpw at 2025-08-13 03:38 PM

Tariffs aren't working? Huh.

#3 | Posted by LegallyYourDead at 2025-08-13 08:17 PM

If only we had a source of tax revenue that wouldn't affect 98% of the population....

#4 | Posted by LegallyYourDead at 2025-08-13 08:18 PM

I heard we brought in trillions of dollars in tariffs. Is someone lying?

#5 | Posted by LegallyYourDead at 2025-08-13 08:19 PM

"I heard we brought in trillions of dollars in tariffs. Is someone lying?"

Trillions, you say...

That's more or less the same as "a nearly $21 billion jump in customs duty collections from President Donald Trump's tariffs" when you do the Republican Math.

#6 | Posted by snoofy at 2025-08-13 08:35 PM

The deficit for July was up 19%, or $47 billion

Even after DOGE cut $2 Trillion in fraud and waste? Oh, wait, it was just $1 Trillion. Or maybe $600 Million? Or $160 Million? $16 Million and a beat down on Dupont Circle?

#7 | Posted by REDIAL at 2025-08-13 08:40 PM

Wow... look at all the Trumpers on this thread!

Almost as many as there are on the thread about the CBO detailing how Dems were correct that the Big Bad Bill would enrich the wealthy at the expense of the poor, and do nothing for the middle class.

#8 | Posted by Corky at 2025-08-13 10:08 PM

MAGATS are all cowards

#9 | Posted by LegallyYourDead at 2025-08-13 10:25 PM

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