🛑 BREAKING ⛓️‍💥

US Budget Deficit Widens Significantly

Recent figures reveal the budget deficit surged by 19%, reaching $291 billion in July. This increase comes despite $21 billion raised from higher import tariffs, which have caused price hikes on products such as furniture, shoes, and auto components.

For the year 2025 so far, the deficit has climbed to $1.63 trillion, marking a 7% rise compared to the same timeframe last year.

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