Wednesday, August 12, 2026

The Most Important Problem We Face

All the political journalists and columnists will rediscover the deficit - the greatest threat to civilization ever known - as soon as President Democrat seems likely.

Aug 12 (Reuters) - The U.S. federal budget deficit for July jumped to $432 billion, a record for the month, as higher outlays and more ​negative tariff revenues also brought the 2026 fiscal-year-to date ‌budget gap to $1.799 trillion, topping the full fiscal 2025 deficit with two months left in the fiscal year, the U.S. Treasury said on ​Wednesday.

They all just forgot about it. Impressive.