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US Deficit increases 73% MoM in July as tax season ends

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Current Trends The Federal Budget Deficit for July 2021 was 302B which was up 73.4% over June and 16.5% above the TTM average of 238B. The chart below shows the Federal Budget for the previous 18 months. To better understand what is driving the large outlays and receipts, the next two charts break down both […]

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