Big Beautiful Bankruptcy Update: Deficits Skyrocketing

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PAF

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Aug 13, 2025




Instead of "Draining the Swamp," the Trump Administration has stepped on the accelerator to bankruptcy. Government deficit spending continues to skyrocket, with a whopping $291 Billion deficit in July alone. This is up 20% year-over-year! It is impossible for government to fix its spending problem by vastly spending more money (that it doesn't have). The American standard of living will continue to erode.​


 
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