Peter's Blog
Get the latest headlines, market analysis, and original content from SchiffGold.
Posts Tagged: “debt analysis“
Treasury Interest Cost Will Soar Past $500B in the Months Ahead
The US government increased its total debt by $69 billion in June. The average interest rate on all of that debt is also going up, a growing problem for the borrow and spend government. The Treasury Department continues to roll short-term Treasury Bills into longer-dated securities, allowing $148B in Bills to roll off the debt […]
Exclusive Weekly Email Updates
Peter Schiffs's Gold News
Original Analysis
Videos
Interviews
Guest Commentaries
Key Gold Headlines
Gold Scams Exposed
Exploring Finance
Federal Tax Revenues Surge 20% – Will it Last?
The federal government continues to run big budget deficits as spending skyrockets. Increasing tax revenues are the only thing keeping the deficits from blowing up even further. But how long will this tax windfall last?
Budget Deficit Represents More Than 35% of Total Federal Expenditures
The federal budget deficit in October came in at $165 billion. That represents a staggering 36.8% of total expenditures for the month. This is slightly below the 12-month average where the deficit represented 39.3% of total expenditures. Over the twelve-month period, the total deficit was $2.65 trillion driven by total expenditures that reached $6.7 trillion. […]