https://www.lewrockwell.com/lrc-blog/big-beautiful-bankruptcy-update-deficits-skyrocketing/
Instead of “Draining the Swamp,” the Trump Administration has stepped on the accelerator to bankruptcy. Government deficit spending continues to skyrocket, with a whopping $291 Billion deficit in July alone. This is up 20% year-over-year! It is impossible for government to fix its spending problem by vastly spending more money (that it doesn’t have). The American standard of living will continue to erode.
12:32 pm on August 13, 2025
