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2024
October
21
📰 $DJT – Trump Media Announces Release of Truth+ Streaming on iOS and Apple TV

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📰 $DJT – Trump Media Announces Release of Truth+ Streaming on iOS and Apple TV

October 21, 2024

$DJT – Trump Media Announces Release of Truth+ Streaming on iOS and Apple TV

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📰 U.S. DEFENSE SECRETARY, IN KYIV, ANNOUNCES $400 MILLION IN PRESIDENTIAL DRAWDOWN PACKAGE OF ARMS FOR UKRAINE

📰 DEFICITS SEEN TO CARRY INFLATIONARY RISK The U.S. government’s latest income statement shows why large budget deficits are a grim omen for the economy, Chris Low of FHN Financial writes. Revenue grew $479 billion in the U.S.’s latest fiscal year, yet the deficit still increased to $1.832 trillion, from $1.695 trillion, as spending grew even faster, he writes. Aside from higher benefits payments and domestic investments, interest payments are a key contributor. They grew by more than 33% in the latest fiscal year, Low observes. Low finds that economists are growing more concerned that deficits are inflationary. “Big deficits created by the response to the pandemic morphed into big deficits in pursuit of industrial policy exacerbated by sporadic multi-billion efforts to forgive student debt, with no obvious end in sight,” he writes.

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