Federal Deficit Soars 170% YoY – Higher Interest Payments to Blame

budget deficits continue to soar

The U.S. economy is not in a recession after all. It beat estimates growing at 2.4% in Q2 (April-June). While shocking to some, a glance at the robust labor market tells the story. There are still more jobs available than people willing to work them, and the rising cost of living is forcing many to […]

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