🛑 BREAKING ⛓️💥
US Budget Deficit Jumps Sharply
New data shows the budget deficit soared 19% in July, hitting $291B. This spike comes even after collecting $21B from higher import tariffs — a move that’s pushed up prices on goods like furniture, footwear, and auto parts.
So far in 2025, the deficit has reached $1.63T, up 7% compared to the same period last year.
