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News Focus
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LexTrader

07/16/25 5:45 AM

#744952 RE: goodietime #744950

Yes it will. We had a 27 bil surplus for June. ☺️
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sunshinevibrations

07/16/25 11:02 AM

#744955 RE: goodietime #744950

Tariff revenues topped a record $113 billion for the first time during the fiscal year – a revelation that comes as President Donald Trump imposes near-weekly duties on some of the world’s largest economies.



All of which the U.S. consumer will pay in increased prices.
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RajuSondh

07/16/25 1:21 PM

#744962 RE: goodietime #744950

US taxpayer will have to pay for the debt - either through taxes or tariffs. $2 Trillion a year over spending - 100 -200 billions in Tariffs not going to help.. 9 Trillions debt is needed to pay for or refinance, at this high interest rate, are due in next 10 month.
Congress just reversed dodd frank act - US banks can now, AGAIN, will buy US treasury with tax payer deposits - as interest rate goes up, many banks to fail again. (Silicone Valley Playbook). THIS time almost 5 trillion of Taxpayer deposit in the bank (Uninsured 🤫🤫).
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boarddork

07/16/25 6:02 PM

#744977 RE: goodietime #744950

Tariffs are a tax that you and I pay. We paid that $133B, not China, etc. How do you slow down the deficit with a new budget deficit of $4-5 Trillion in tax breaks for the top 1% ?