Budget Deficit: Annual Interest Expense Increases 40% Compared to Last October

by Peter Schiff, Schiff Gold: The Federal Government ran a $430 billion deficit in September. It was the largest monthly deficit since March 2021 when the last Covid stimulus bill was passed. The massive surge this month was due to another Biden giveaway in the form of $437 billion in student loan forgiveness. TRUTH LIVES […]

by Peter Schiff, Schiff Gold: The Federal Government ran a deficit of $88B in October which is down significantly from the deficit last month that was a record for September due to the student loan forgiveness program. The deficit is also down compared to last October which was -$165B. TRUTH LIVES on at https://sgtreport.tv/ Figure: 1 Monthly Federal […]