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BESSENT: WILL USE TARIFF REVENUE TO PAY DOWN U.S. DEBT, BRING DOWN DEFICIT TO GDP
300B in tariff revenue sure will make a big dent considering the month of July had a 291B deficit alone…
13.8. klo 02.47
Despite tariff revenues, the deficit for July was $291B with the U.S. spending $630B and collecting $338B meaning 46¢ was borrowed for every $1 spent.
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