Tariff revenue fails to curb US deficit as July spending hits record highs

Even with customs revenue quadrupling under new tariffs, record-high spending on benefits, healthcare and debt interest drove the largest monthly deficit in US history.

Tariff revenue fails to curb US deficit as July spending hits record highs
Even with customs revenue quadrupling under new tariffs, record-high spending on benefits, healthcare and debt interest drove the largest monthly deficit in US history.

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