I saw some posts today in the news about how the ANNUAL deficit for the year is ONLY $162 billion dollars. The lowest amount of red ink in 5 years.
In case everyone didn’t notice the ACTUAL deficit is $9.1 TRILLION (with a T) dollars. Just because you overspent by less of a margin doesn’t mean that you didn’t overspend. And it certainly doesn’t mean that you haven’t overspent year after year.
Go check it out on the Treasury website. All the numbers are right there. The amount of debt added to the total for the month of July alone was over $65,000,000,000.00