Treasury Ran $98 Billion Deficit in July--But Debt Stayed Exactly $16,699,396,000,000
The Treasury Department's Financial Management Service, which publishes both the official Daily Treasury Statement and the official Monthly Treasury Statement, is reporting that in July the federal government ran a deficit of $98 billion but that the federal government's debt remained exactly $16,699,396,000,000 for the entire month.
The Financial Management Service said that the deficit went up $98 billion ($97,594,000,000) in the Monthly Treasury Statment for July, which it released on Monday.
The service said that the debt stayed at exactly $16,699,396,000,000 in its Daily Treasury Statements, which are published every business day. The Daily Treasury Statements show the daily value of the federal government debt that is subject to a legal limit set by Congress. See more
And I believe the government's reporting that inflation is running .8%. Bullcrap! Go to the supermarket and you check the prices yourself of the following:
What ARE they going to say? "We are spending so much money that even the printing presses can't keep up and in a short while, you won't even be able to afford groceries." I wouldn't trust their numbers even if they were just giving me the temperature outside. Abject failures in everything they do and touch.
And I believe the government's reporting that inflation is running .8%. Bullcrap! Go to the supermarket and you check the prices yourself of the following:
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2. Watermelons - $7/ea.
3. Tires - $150/ea
4. Gasoline - $3.60/gallon
Owe - did I forget to mention that the government excludes food and oil from their list of assessments in establishment of their inflation base?
BULLCRAP! They are all liars!!!!
What ARE they going to say? "We are spending so much money that even the printing presses can't keep up and in a short while, you won't even be able to afford groceries." I wouldn't trust their numbers even if they were just giving me the temperature outside. Abject failures in everything they do and touch.
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