U.S. Posts $345B August Deficit, Net Interest at 3rd Largest Outlay, Gold and BTC Rise

The US government posted a $345 billion deficit in August, with receipts of $344 billion overshadowed by $689 billion in spending. The largest outlays were Medicare at $141 billion and Social Security at $134 billion, but what stands out is net interest at $93 billion, now the third-largest…

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