12:02am ET, Aug 14, 2025
«The recent 30 Year #TreasuryAuction was disaster 4 the #Trump admin..Demand 4 US Treasuries was weaker than expected pushing yields uncomfortably high & increasing cost of servicing the ballooning #deficit..Everything→coming 2 a head 2 expose the fallacy of trickle down #TaxCuts & #tariffs as a way to grow the economy and balance the budget..a bad sign of what’s to come as the administration runs out of runway to get the economy off the ground»
@RepThomasMassie
Thanks to the One Big Beautiful Bill Act, the debt just officially passed the $37 trillion mark.
https://x.com/repthomasmassie/status/1955439666842173864?s=46
Julie Allemand and Dearica Hamby lead Sparks to third straight win https://www.rawchili.com/4451243/ #ArenaCrowd #crypto #DearicaHamby #DefensiveRebound #deficit #game #halftime #JulieAllemand #Point #spark #sparks #sun #ThirdQuarterDearicaHamby #ThirdStraightWin #ThreePointer #WNBA
U.S. Has Top 2 Surpluses With Switzerland Ever As Trump Threatens Tariffs https://www.byteseu.com/1262178/ #deficit #gold #Imports #surplus #Switzerland #tariff #TradeWar #trump
Biggest Scam Yet Exposed: Republicans Just Pulled a $4.5 Trillion Con, And They’re Bragging About It
When GOP lawmakers passed their massive tax bill, they used a shady accounting trick to make it look like it would cost the government just $715 billion over 10 years. That fake number helped them pass the bill without facing the political blowback of exploding the federal deficit.
L’argent des contribuables ?
• Les administrations locales ne créent pas de monnaie souveraine : elles dépendent de recettes fiscales, de l’État central, d’emprunts. Lorsque l’on paie des taxes ou des impôts à une administration locale ou à un pays de la zone euro (dont la France), celles-ci les utilisent.
• Les pays souverains émettent leur propre monnaie à volonté : ils ne dépensent ni leurs recettes ni leurs emprunts. Lorsque l’on paie des taxes ou des impôts à un pays à #souveraineté monétaire, le Trésor les détruit à réception.
Te Papa forecasts $13m deficit, downgrades visitor targets https://www.byteseu.com/1254326/ #13m #accolades #another #attraction #countrys #deficit #despite #downgrades #Forecasts #international #Losses #multimilliondollar #Museum #national #NewZealand #papa #preparing #recent #recognising #targets #te #tourist #visitor #year
Government "deficit spending" is the nation-state creating money (out of thin air) and exchanging it.
The payroll tax (FICA) does not fund Social Security or Medicare. Like all other federal agencies, those agencies are funded by dollars created on purpose by the government (using laws from Congress) and placed in their accounts by the Treasury.
https://www.washingtonpost.com/national-security/2025/08/01/china-sanctions-bill-russia-ukraine/. Once again, the world's largest #economy attempts to use its muscle against the world's second largest, while imposing #tariffs on every other economy, & increasing its annual #budget #deficit & #national #debt. There are going to be major tears before bedtime, @ChrisMayLA6.
Revolut°Permanente Scandale : la direction de Stellantis invente un déficit pour justifier ses attaques contre les salariés: Le groupe Stellantis présentait ce 22 juillet ses résultats pour le 1er semestre 2025, avec un ton alarmiste. La CGT dénonce une magouille comptable pour justifier de nouvelles attaques anti-ouvrières alors que le groupe est bénéficiaire de plus de 50 milliards depuis 2021.Notre Classe /… https://www.revolutionpermanente.fr/Scandale-la-direction-de-Stellantis-invente-un-deficit-pour-justifier-ses-attaques-contre-les?utm_source=dlvr.it&utm_medium=mastodon
RP #Stellantis #CGT #Salariés #Travailleurs #Déficit
…
"What is the answer? […]
The cancellation and writing off of existing debt burdens for poor countries (I don’t like the word debt ‘forgiveness’ as there is nothing to forgive)."
by Michael Roberts: https://thenextrecession.wordpress.com/2025/06/30/sustainable-development-and-unsustainable-debt/
Revolut°Permanente Quand la direction de Stellantis invente un déficit pour justifier ses attaques contre les salariés: Le groupe Stellantis présentait ce 22 juillet ses résultats pour le 1er semestre 2025, avec un ton alarmiste. En creusant, ce n'est en fait qu'une magouille comptable pour justifier de nouvelles attaques anti-ouvrières alors que le groupe est bénéficiaire de plus de 50 milliards depuis… https://www.revolutionpermanente.fr/Quand-la-direction-de-Stellantis-invente-un-deficit-pour-justifier-ses-attaques-contre-les-salaries?utm_source=dlvr.it&utm_medium=mastodon
RP #Stellantis #Salariés #Déficit #AntiOuvriers #Licenciements
Former Australian National University chancellor slams ‘gobsmacking’ proposed university cuts
Former Australian National University chancellor, …
#NewsBeep #News #Headlines #ACT #ANU #AU #Australia #AustralianNationalUniversity #Canberra #Chancellor #cost #criticise #cut #cuts #deficit #Education #former #GarethEvans #GenevieveBell #gobsmacking #JasonClare #job #JulieBishop #leadership #letter #localnews #localstories #minister #saving #successor #Vice-Chancellor
https://www.newsbeep.com/10297/
Trump’s Budget Could Break the Economy
President Donald Trump is charting a course that may end in the economy’s third meltdown in less than…
#Economy #CBO #CongressionalBudgetOffice #CongressionalRepublicans #deficit #DeficitHawks #DonaldTrump #FederalFundsRate #FederalReserve #financialcrisis #maga #ModernMonetaryTheory #OneBigBeautifulBillAct #pandemic #Quantitativeeasing
https://www.europesays.com/2262672/
#DisasterDon has been in office 6 months as of noon EST.
And in that six months, we've seen masked thugs with no identification snatching anyone with brown skin & an accent off the streets (many WHILE following the law, doing their jobs or attending their #immigration hearing) and #deport-ing them to be tortured in a South American gulag in #ElSalvador.
#Inflation is up. #Gas prices are up. The #Debt & #Deficit are up. #Unemployment is going back up. And #ComboverCaligula declares success.
Macron, Bayrou… Curieusement, ils font l’impasse sur la seule info tangible, et ce que tout le monde a bien compris :
« Le creusement du déficit public français depuis l’arrivée d’Emmanuel Macron à la tête de l’Etat s’explique par la baisse du taux des prélèvements obligatoires, affirme une note de l’Observatoire français des conjonctures économiques (OFCE) »
Des gauchistes extrémistes, l’OFCE ?
Donald Trump Reveals New Tariffs for Mexico and Europe https://www.byteseu.com/1187768/ #deficit #DonaldTrump #Europe #EuropeanUnion #Mexico #tariffs #trade #TradeWar