NewsMax/Associated Press
Repost from 7-7-2021
“The Congressional Budget Office says that the federal budget deficit will again hit $3 trillion this year, $745 billion more than its estimate five months ago, as it takes into account the cost of President Joe Biden’s $1.9 trillion coronavirus rescue plan.”
USAGOLD note: Not a misprint …… It is $3 trillion and their estimate in February was $745 billion less than June’s reality. The Ramirez cartoon captures the unpleasant reality which will be greeted by some on Wall Street with a shrug and by others with a yawn.
