432 Billion. 1 month.
So much winning.
So much winning.
July deficit
- Thread starter St. Louis Hawk
- Start date
@Scrubby
Let me know if you need a pen to sign that check to the children’s hospital. I like my odds more and more.
Let me know if you need a pen to sign that check to the children’s hospital. I like my odds more and more.
Fake news. Low t rump reduced the deficit, Iran completely capitulated, apologized, and offered the US the straight of Hormuz as a token of sincere apology (they are also becoming completely Christian too), tariffs raked in billions, low t rump was completely exonerated from the Epstein files, millions of illegal, rapist aliens voluntarily left the country, Denmark gifted us Greenland, the Russia/Ukraine war ended simply because he said so, and the blue wave coming in November is actually a red tide.
He. Bankrupted. A. Casino.
He’s not good at this.
He’s not good at this.
OPM.
Republicans will give a s**t in 2029. You won’t hear News Barbie or MMM say one word about the debt this year.
In 2015 Obama and a GOP house pulled the deficit down to 400 billion for the whole year.
Trump just always has to beat Obama....he got a bigger #than Obama in one month...winning!
Trump just always has to beat Obama....he got a bigger #than Obama in one month...winning!
In March 2016, during an interview with The Washington Post, Donald Trump stated that he could eliminate the entire U.S. national debt—which was then about $19 trillion—"over a period of eight years".
"We're not a rich country. We're a debtor nation," Trump said. "We've got to get rid of the $19 trillion in debt."
When asked by interviewers how long it would take to pay off the total amount, Trump replied: "I think we can do it over a period of eight years."
"We're not a rich country. We're a debtor nation," Trump said. "We've got to get rid of the $19 trillion in debt."
When asked by interviewers how long it would take to pay off the total amount, Trump replied: "I think we can do it over a period of eight years."
Things aren't looking good for the people's champion unfortunately (this was predicted).@Scrubby
Let me know if you need a pen to sign that check to the children’s hospital. I like my odds more and more.
I have no issue cutting a check to children's. Don't worry
Hope you're ready to do the same with the upcoming arrests (splc had a bad day today, though obviously that doesn't count towards our other bet)
Absolutely. I'm good when and if I lose that bet.Things aren't looking good for the people's champion unfortunately (this was predicted).
I have no issue cutting a check to children's. Don't worry
Hope you're ready to do the same with the upcoming arrests (splc had a bad day today, though obviously that doesn't count towards our other bet)
Yeah, well...he's still got 2.5 years to figure it out. Quit selling Donald short!!!!!
Most of MAGA isn’t educated enough to understand this, but they are very pro-high interest rates. I’m sure some don’t realize that to run a deficit = issue more debt = less funds available to purchase other debt (eg, MBS).
But high interest rates don’t really impact a meaningful % of the geriatric MAGA base like @TigerGrowls who aren’t exactly out there buying a starter home or running a business.
But high interest rates don’t really impact a meaningful % of the geriatric MAGA base like @TigerGrowls who aren’t exactly out there buying a starter home or running a business.
Sounds like it’s time for another major tax cut for the wealthy and corporations
More out of control spending thanks to BIDEN!! Think about how bad it would be if Trump hadn’t won!!
Well…..
July 2026 – Entitlements + Interest
Combined total (entitlements + interest): ≈ $621.4 billion
That is the large majority of the $766 billion in total July spending.
July 2026 – Remaining spending (to complete the $766.3 billion total)
Subtotal of the above: ≈ $144.9 billion
Grand total check:
Entitlements + Interest ($621.4B) + Remaining ($144.9B) = $766.3 billion
We have a spending problem and with no one willing to cut spending this will continue.
July 2026 – Entitlements + Interest
| Category | Amount |
| Medicare | $174.3 billion |
| Social Security | $140.7 billion |
| Health (mainly Medicaid) | $82.9 billion |
| Income Security | $64.1 billion |
| Veterans’ Benefits & Services | $55.2 billion |
| Net Interest | $104.2 billion |
Combined total (entitlements + interest): ≈ $621.4 billion
That is the large majority of the $766 billion in total July spending.
July 2026 – Remaining spending (to complete the $766.3 billion total)
| Category | Amount |
| National Defense | $90.6 billion |
| Administration of Justice | $12.8 billion |
| Transportation | $12.6 billion |
| Education, Training, Employment & Social Services | $9.0 billion |
| Community and Regional Development | $6.5 billion |
| General Government | $6.7 billion |
| Natural Resources and Environment | $5.4 billion |
| International Affairs | $4.7 billion |
| General Science, Space & Technology | $3.6 billion |
| Commerce and Housing Credit | $2.6 billion |
| Energy | $2.6 billion |
| Agriculture | $1.7 billion |
| Undistributed Offsetting Receipts (negative) | –$13.8 billion |
| Other smaller categories / residual | ~$0.3 billion |
Subtotal of the above: ≈ $144.9 billion
Grand total check:
Entitlements + Interest ($621.4B) + Remaining ($144.9B) = $766.3 billion
We have a spending problem and with no one willing to cut spending this will continue.
Where is the 33 billion in tariff refunds buried in these numbers
Tax refunds are also shown as a contra- revenue just like tariff refunds?la
There is another side to this equation....n w.
90 billion for defense pencils out to. 1.1 trillion which exceeds their budget by more than 200 billion.
Why has interest on debt spiked?
High interest rates are directly tied to inflation from tariffs and the iran war both orchestrated by
Trump.
Trump loves debt..." I'm the king of debt"
Damn right he is...as long someone else foots the bill like taxpayers or in his case in business..the banks he defaults on.
He might not have figured that the USA cannot declare bankruptcy like he always did after yet another screwup
Tax refunds are also shown as a contra- revenue just like tariff refunds?la
There is another side to this equation....n w.
90 billion for defense pencils out to. 1.1 trillion which exceeds their budget by more than 200 billion.
Why has interest on debt spiked?
High interest rates are directly tied to inflation from tariffs and the iran war both orchestrated by
Trump.
Trump loves debt..." I'm the king of debt"
Damn right he is...as long someone else foots the bill like taxpayers or in his case in business..the banks he defaults on.
He might not have figured that the USA cannot declare bankruptcy like he always did after yet another screwup
Can you do us a favor, and post maybe more than one month so we can see a trend? Not like deficits vary from one month to the next or anything. You wouldn’t be trying to manipulate opinions would you?
Julys deficit put the 10 month total at 1.8 trillion
Easy math 180 billion/ month on the way to 2.2 trillion annual deficit.
No covid
No financial collapse like in 2008.
In 2015 under Obama it was an annual deficit of 400 billion.
In non- calamity years it should be much lower than 2.2 trillion.
This boomlet in AI should have us in a dot com economy.....but tariffs and war are inflationary keeping interest expense high.
Easy math 180 billion/ month on the way to 2.2 trillion annual deficit.
No covid
No financial collapse like in 2008.
In 2015 under Obama it was an annual deficit of 400 billion.
In non- calamity years it should be much lower than 2.2 trillion.
This boomlet in AI should have us in a dot com economy.....but tariffs and war are inflationary keeping interest expense high.
Yeah, the deficit isn’t linear. It’s not smooth. So one mo th is meaningless. I think you know that, but not sure
A white soccer mom sweater tied about her waist is Hinsons solution to all this. That and fake pandering to Vets while her daddy Trump takes away their benefits.
data is available here...
Monthly Treasury Statement (MTS) | U.S. Treasury Fiscal Data
The Monthly Treasury Statement (MTS) dataset provides information on receipts and outlays of the Federal Government.
fiscaldata.treasury.gov
the very first PDF (monthly treasury statement) shows the deficit spending for this fiscal year has already outpaced last year's...and we still have 2 months to go
in all likelihood, this will be the largest deficit ever outside 2020 (largest) and 2021 (second largest)
Here's a thought... maybe you don't quit your f'n job (slashing revenue) when you have debt to pay.
Here let me google that for you, esp since you know (or should know) that it has been horrible for his entire admin.
Treasury Confirms $1.8 Trillion Deficit for First 10 Months of FY 2026 | Committee for a Responsible Federal Budget
The United States borrowed $1.8 trillion in the first ten months of Fiscal Year (FY) 2026, including $432 billion in July, according to the latest
Federal Surplus or Deficit [-]
Graph and download economic data for Federal Surplus or Deficit [-] (MTSDS133FMS) from Oct 1980 to Jun 2026 about budget, federal, and USA.
fred.stlouisfed.org
filter the data till your heart is content, it has been bad for trump's entire admin.
Here let me google that for you, esp since you know (or should know) that it has been horrible for his entire admin.
Treasury Confirms $1.8 Trillion Deficit for First 10 Months of FY 2026 | Committee for a Responsible Federal Budget
The United States borrowed $1.8 trillion in the first ten months of Fiscal Year (FY) 2026, including $432 billion in July, according to the latestwww.crfb.org
Federal Surplus or Deficit [-]
Graph and download economic data for Federal Surplus or Deficit [-] (MTSDS133FMS) from Oct 1980 to Jun 2026 about budget, federal, and USA.fred.stlouisfed.org
filter the data till your heart is content, it has been bad for trump's entire admin.
MAGA response: Stop trying to manipulate opinions with facts!
MAGA arguments boiled down to gravy.
ENTITLEMENTS ARE THE PROBLEM.
This board has been flooded with people who seem to want MORE entitlements. Medicare for all. Paid family leave. Free childcare. Holy **** guys.
We need to aggressively ween the public off the government teat. Then scale back entitlement spending in a meaningful way. It's the ONLY way to get our spending under control.
Yet we provide 4 trillion in tax cuts. Spend 1 billion plus per day now on a ridiculous war. Spent hundreds of millions on Trump vanity projects. Trillions more in Afghanistan.
Always have money for tax cuts and wars, then they downshift to the deficit is so bad now that we have to cut “entitlements” - like Social Security and Medicare - that I have already paid for (which they used to fund the ridiculous wars).
A real solution requires everyone to take a bite out of the Shiite sandwich.
Yea, cut the war **** too. And the vanity projects if you like, but those are a drop in the bucket.
We don't spend money on tax cuts. We allow hard working Americans - the vast majority of whom pay at least their fair share - keep more of the money they earn for their family.
If we never changed the 2000 tax rates, we'd have around $1 trillion additional revenue this year and cumulatively around $14 trillion more in the treasury.
If we hadn't had the Afghanistan, Iraq and Iran wars, we'd have around $8 trillion more in the treasury.
That's $22 trillion out of our $40 trillion national debt.
Stupid wars and stupid tax cuts.
Moreover, interest rates would doubtless be low. So interest on the debt would be modest.
Restoring most of those unwise tax cuts won't solve our debt problem but it sure would help.
Fortunately, the Afghan and Iraq wars are already over. Unfortunately no savings are left there. But ending the current nonsense - and avoiding more wars of choice - sure would help.
[$$ numbers from Claude and confirmed with Gemini]
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