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progree

(11,463 posts)
1. That's a 2.7 fold increase in the deficit (for the 9 months ending June 30 vs. same period a year
Fri Jul 14, 2023, 10:08 AM
Jul 2023

ago)

For the nine months through June, the federal deficit hit $1.39 trillion, up some 170% from the same period the year before,


And it's being financed at ever higher interest rates, e.g.
Five-year Treasury yields are now about 3.96%, versus 1.35% at the start of last year.
Latest Discussions»Issue Forums»Economy»US Racks Up $652 Billion ...»Reply #1