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Posts Tagged: “US Treasury“
Federal Budget: Government Adds $662B of Debt in Three Months
Federal Budget The Federal Government publishes the spending and revenue numbers on a monthly basis. The charts and tables below give an in-depth review of the Federal Budget, showing where the money is coming from, where it is going to, and the surplus or deficit.
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WaPo: No Matter Who Gets Elected, Expect More Debt
An article in yesterday’s Washington Post assured readers that no matter who wins the 2024 US presidential election, we can count on massive expansion of the national debt to be among the common denominators. The article looked at a recent report from the Committee for a Responsible Federal Budget, or CRFB, analyzing the debt increases […]
Is a Weak Yen Feeding the Global Gold Bull?
The gold price has been surging, with unprecedented central bank demand gobbling up supply. It has been a force to behold — especially as US monetary policy has been relatively tight since 2022, and 10-year Treasury yields have rocketed up, which generally puts firm downward pressure on gold against USD.
An Amazing Freak Show: Treasury Increases National Debt By Over $850 Billion in Just One Month
A month ago, the fake debt ceiling fight ended and Congress suspended the federal government’s borrowing limit for two years. Since the debt ceiling deal, the US Treasury has added a staggering $851 billion to the national debt.