The US just published their budget numbers showing a $221 BILLION deficit in July ALONE.
With $276 billion in receipts, the US spent a massive $497 billion last month.
Total interest on US debt YTD is now at $726 BILLION.
Needless to say, our spending problem is getting worse. pic.twitter.com/SkunIGS4t9
— The Kobeissi Letter (@KobeissiLetter) August 10, 2023